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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-36

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    You could be right although I think your timeline is optimistic. But $2.58m is a small amount to spend on a drilling campaign. S2 state that more IP surveys are needed so they will complete them and use more cash before they drill. DD costs have gone crazy over the past couple of years and are up to $250 m including the geo cost and when drilling deep holes that adds up quickly . At the Fosterville location there are a lot of additional expenses involved in exploration drilling. The chances of discovering a new high grade deposit on that budget are slim imo.
    So assuming you are right on the timing I doubt there will be any good news this year.
 
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