GOA 0.00% 0.2¢ gold anomaly limited

Appendix 5b- 25/10/2011 ie Quarterly financials at end of...

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    Appendix 5b- 25/10/2011 ie Quarterly financials at end of September said-

    Total: cash at end of quarter: $4,540,000


    Estimated cash outflows for next quarter: $3,417,000
    consisting of: Exploration and evaluation: 2,982,000
    & Administration: 435,000

    So they were roughly expecting to have 1,123,000 left at the end of this quarter.

    So my guess would be 'yes'- they're getting ready for a Cap raise on the back of or perhaps concurrently with results.
 
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