is cash backing 0.5c now?, page-20

Before they go trying to find small scale deposits, I'd like them to clear up if it's worth re-visiting Barlee yet. Dont forget, they had a JORC resource of about 330,000 Tonnes at 6g/t for around 74,000oz. This cherry picking was for around 20,000oz, just wondering if the deal with NST could allow for more action at Barlee straight away while they load up another project? A large blue sky project somewhere is whats going to make this rerate in any case, just seems like there could be some value left at Barlee yet.

All about the economics, this was just the best of Halley's East deposit , it didn't include Phil and the rest of Barlee . Gold price currently may make it worthwhile, and shed loads of drilling done already. Looking forward to further news soon hopefully, with new cash position at very least, and a project update of some description.

Cheers,

Disco.