RDS 0.00% 0.3¢ redstone resources limited

a break through needed soon , page-4

  1. 68 Posts.
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    They had over $3m in the bank at 31 December so $2.5 would be a consevative amount at present.

    Wouldn't think drilling program and working cap til 30 June would surpass $1.5m.

    That leaves $1m with potentially material RAB and diamond drill results pending for platinum-copper-nickel anomoly at Halleys.

    If they are talking to other parties regarding potassium funding (as stated in 31 Jan quarterly report) then equity raising in Aug/Sept 08 may not be an issue.

    Take a chill pill and be PATIENT!!
 
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