Ok but the additional work on seismic in imho greater than $160k circa.
Mate when they hit 500k left in cash that is when imho any small cap investor might be a little nervous re trending towsrds insolvency is all. Hence prudent board imho will raise cash this or next quarter with or w/o a farm out deal.
I like ipb acerage and v low mc but not theie v low cash pisition.
I will xontibue to watch from the sidelines..
Glta
Adl
Ann: Sept 2018 Qtly Activ. & App 5B, page-6
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