battered, bruised but still standing

Sp was trending down anyway before the latest market gyrations.

Still by my calculation there is 5+ quarters of cash in the bank, assuming projected Sept 2011 quater spend is maintained. This could of course be reduced to conserve cash if required.

So sp is well down on the Feb 2011 high close of 19.5c. Aside from the ongoing "potential jv partner talks" is there any other sp positive catalyst coming soon?

Talk of acquiring yet another project does not exactly thrill me.