Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

With only 3 quarters of cash left at current burn rate the pressure is on.

The problem with Alpha is clearly the "netzero" government mandate. This is not only a problem for GRV but all mining projects going forward. You have to either build in the cost of buying carbon credits to offset emissions in the project making it likely uneconomic and/or spending more money on creating a renewable energy source. In my humble opinion this is why the GRV SP is being sold down at present. Georgina is the "blue bird" and hopefully will secure more Northern Territory Government grants to assist with exploration costs but with only 3 quarters of cash the next drilling holes will need to come up with something extra special. GRV is an exploration business that carries high risk reward which is why most of us have joined for the ride. DYOR.