Has just completed cash raising.Has about $7-8 mil I think. Most of its early drilling is free carried eg ADX to spend $4.5 drilling the first 3 Cooper holes for 49%. Gilbert is about 5% by EBR for 10%. Moby2 not sure with out re-reading releases but has plenty of $$ for next 12-18 months. Also may do a deal by 30/6/05 on 75% sale of Uley Graphite mine for 1.5 mil. Hope to hear what is happening here in this coming week.
Cheers
FC
good bet junior, page-3
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