Ann: Fraser Range Expanded Drilling Program, page-3

They won't be able to drill until they raise more cash, given they only $360k on hand at 30 September.

Interesting that Doutch & Doutch haven' taken a haircut on pay, given they strip a combined $500k per year from the kitty in salaries.

Look for another ridiculous related party loan at non-commercial rates to keep the boat afloat until the next R&D credit comes through, which once received will be used to pay back the loan. All the while salaries are getting paid.

Forget about drilling anytime soon.