Strange, I calculated cash at end of quarter of $1.165m less forecast expenses of $860K as a surplus, meaning that no CR will be needed for at least the next Qtr.
Did you get a different outcome indicating they will be short of cash?
Even if it did get pumped, who cares - just sell if you're happy with the price and enjoy the ride. If not, hang on for the long term.
Buying is still stacking up and comfortably sitting above the 10c event horizon where volumes get weird which is great to see.
The quarterly read pretty well and good to see progress being made on plans for drilling of both gold tenements, including Laverton Downs which I hadn't read anything about previously.
Gold has been trending upwards for over 3 months solid now so the drill program is well timed.
All in all progress is being made and the company is steadily unlocking the value of its assets, and we have a clear program to keep investors interested for at least another 12 months.
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