Ann: Trading Halt, page-20

Last time they raised they had less than $2mill in the bank. They currently have about $7mill in the bank.

Pato's estimated a cost of $10mill to drill out 2.2km of strike at 50m x 50m spacing to 200m depth. BRB has been drilling at 20m x 40m and is about to ramp up deep diamond drilling to test the depth potential across the whole 2.2km.

So we can assume the cost to drill out Bombora is above $10mill, maybe closer to $15mill if you include the exploration stuff north and south.

They raised $12mill last Sep, and have since spent about $7mill, leaving about $7mill in the bank.

Maybe they are just taking advantage of favorable market conditions to top up the bank account to get them through to a scoping study?

Would love to see more drills on the job.