about to crack wide open, page-7

But Johnno, where do they raise? IMO, they're donkeys for not doing a grab at 23c. It is possible that hole 4 ext comes back no better than 6. Onceover is clued in and he thinks it will be better, but I don't. We'll see how the assays adjudicate on that. Hole 7 might come back similar to hole 6, or they could get lucky and excite the market with better grade there - hopefully so.

After that, are they funded enough to find and test other EM anomalies in anticipation of hitting decent grade, which IMO, appears to be the current strategy?

I'm more tempted to wait for juicy intersects than toss a coin now. But in saying that, MC at $15m given their Scandinavian assets seems fair enough. I don't put big value in the African stuff (where would you prefer to work?) So 14.5c might prove to be a good buy depending on the pending drilling results and the circumstances of the next cap raise.