Yes, thats what they say.
However I think they'll be flying close to the sun after paying to redrill the gas cap, and because success is not guaranteed, they will CR prior to that.
Note that only A$4.5m remains for appraisal and testing, let alone any pilot plant
That last raise at 13cps (all time low ) wasnt pretty. Must have been a few nerves at HQ with $7.5m already owing for Mbelele costs.
Initially I was impressed that JW and SS contributed $1m to the raise at 13cps, but subsequently SS sold $100k's worth on-market at 10cps.
Not very confidence inspiring regarding their financial acumen, imo. I think they'll be more careful in future wrt to cash levels.
Finances will become clearer in the Mar qtr rpt.
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0.067 | 15000 | 1 |
0.068 | 50000 | 1 |
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