With the ramp up in exploration in WA the next quarterly spend is sure to be greater than the last, which would leave them with less than 1 quarter of capital. This is possibly just getting in early so next quarter they can still say they have 2 qtrs of cash to keep going. Depending on how much they intend to raise they certainly won't have enough for any acquisitions.
With the ramp up in exploration in WA the next quarterly spend...
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