Hi Flaming, From what i understand, they are aiming for a...

Hi Flaming,
From what i understand, they are aiming for a minimum 5 year mine life from this initial exploration program. That was 5 years at 100,000 per year. I completely agree that we will want to see some great returns from the drilling but all signs point to yes. Particularly the high grade underground resources. There IS gold there it's clear to see and the company is NOT running out of money. They've made a conscious decision to keep the P&L level and keep the balance sheet at a substantial 27 million cash to increase mine life. 60 million in cash would be a bit useless if they only started drilling now. Their production staff would be twiddling their thumbs while waiting to prove up reserves.
They are ticking all the right boxes
Cheers
Steve