As the 5 million plus 2 million from shareholders is for green river, then part of the existing cash should be for Yellow Cat drilling.
In all honestly I suspect that the share price will not stay below 10 cents for very long, things are advancing quite quickly, and I suspect the share price will move up much sooner than latter as investors take advantage of there being larger parcels of shares available to purchase.
No reason to hold off buying now with the cash that was needed being secured.
ASN Price at posting:
7.9¢ Sentiment: None Disclosure: Held
