Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-77

you are right mate, cost of diamond drilling is expensive. contractor all in cost will likely be around $300/m, plus fresh water delivery, waste removal, assays etc. probably pushing $400/m all in.

Management are very smart and will be aware of their financial situation. It difficult to nail an orogenic gold ore body at depth. I think knowing that, I would be putting a few shallow DD holes into existing IP chargeability anomalies to drum up some interest, whilst completing a regional AC drill program similar to what Falcon have successfully done to the north west. $750k will get them 130 odd holes into the area which could add significant value if new lines of min are discovered. highly probable given the curie and fosterville zones are not the only opportunities on B4. May Reef was another prospect that has a nice structural position and coincident positive gravity response.