Amigos, its a good time in the cycle for Godolphin to have money in the bank. Also, it doesn't seem like they are wasting it on consultants, etc. That is, they get the geos to do the sampling, then analyse, repeat in best areas, and follow it up with a drilling program in H1. The results in this announcement look very prospective IMO. And Mt Aubrey is also being explored in a similar fashion. With such a small number of shares on issue, one big strike could be dramatic, IMO.
Amigos, its a good time in the cycle for Godolphin to have money...
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