Hi Tigers72,
Agreed that we have committed funding for Phase 1 and Phase 2; I am unsure how much we will have left in the bank after Phase 1 - Phase 1 drilling (yellow, blue orange dots) is clustered in the NE corner of the tenement proximal to Callistro. In my view, if the Phase 1 assays are not compelling, the JV should suspend drilling, analyze the results and figure out what is going on geologically before making a decision to plough more funds into Phase 2, which are mainly extensional holes SW of Phase 1 (pink dots).
Kind regards OldGeo
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