excellent au grades mkt cap aud 3mn, page-2

-Splendid gold grades?

I disagree - apart from a couple of intersections which were high grade the majority is low grade 1gm/t type stuff.

And Exberliner1 have you had a look at the strike lengths? A handful are bigger but over they are pretty dismal. Majority are only 1m in length.

-Cash on the balance sheet?

Cash balance at 31/12/11 was $1.68m with Q1.12 expenditure forecasted at $0.5m leaving them with only $1.18m cash as at 31/3/11. At the current burn rate they will have to raise cash during Q2 with subsequent dilution occuring.