Sounds to me like company has its eye on the ball again, they...

Sounds to me like company has its eye on the ball again, they have four drill rigs and are building another 3.

They can earn 800 grand in 6 - 12 months drilling program from two rigs, if they can lease a few more out we are talking about some serious cash,

if they do the tasmanaian drilling estimate anouther 800 so cash would be 2.1 million (less costs) which would fund about a year of medium drill programs.

also becuase they do own all this equipment it makes their drilling cheaper.

If they can get a bit of money in the door reduces the chance of a share issue, not many EXPLORATION companies can boast they have REAL assets that can generate REAL cash

Things a looking rosy again