" The Group continues to hold sufficient cash reserves to enable...

" The Group continues to hold sufficient cash reserves to enable continued operations. Future capital raising activities willtake place if and when the Board deem that such a raising of funds is appropriate. The Directors are mindful of the Group’sfull exploration expenditure commitments for its various tenements, and as such potential funding options will be considered by the Group to fund these programs. Work programs are subject to change and are at times under negotiation with the regulator " 1/2Yr report.

Cash at end of March quarter = A$5.4m ...... oh dear .... will that cover overheads let alone "full exploration expenditure commitments" ??