What's our cash position going to be after current drilling? Sub $10m I reckon so quite possible we may have to let some tenements go for cash if the right offer arrives. Our tenements roughly valued at $30m now which is a little worrying given nothing major has been proved up. Two potential large sellers lurking but they'd be selling for 50% loss and would have to find deep pocketed buyers. Hard to be bullish at present.
MI6 Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
