Matsa remains as the junior with the strongest balance sheet...

Matsa remains as the junior with the strongest balance sheet with plenty of cash and liquid assets to fund their drilling programs.It also has the distinction of having not one but two valid prospects for a significant nickel sulphide discovery. Have a look around and see the vicious dilution most other Fraser range juniors have indulged in in the last few years in order to raise small sums for single drilling campaigns... and then look at the very minimal dilution that Matsa shareholders have experienced.
Killaloe hosts nickel sulphides as evidenced by the most recent report, combine that with their preeminent ground position adjacent to Nova and IMO Matsa remains the junior "most likely" to repeat SIR's success in identifying a significant nickel sulphide deposit. I have a feeling we will be receiving a steady flow of news over coming weeks and months.