As some of the drilling cost is paid by stock, the cash reserve may not be depleted that fast.
The concerning thing is about the postponement of JORC reserve- it is the second time this happening. If there is further delay, that is likely to affect the credibility of the management team and hence the share price movement.
For now, we have a date for JORC announcement, that is second week of April. Hope there will be further drilling results update by next week (my guess isTuesday)
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As some of the drilling cost is paid by stock, the cash reserve...
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