Whilst I am highly positive of the upside in this company, would...

Whilst I am highly positive of the upside in this company, would just quickly note that cash was around $4.8-$4.9m at the end of June. Probably down a little further by end of July, and with drilling to happen at Mt Aubrey, Copper Hill East and Gundagai this quarter I think we will see much higher spend this quarter in general.

However this is what we are here for, drilling, so that is a great result. Obviously as with any early stage exploration company, we will need a couple of cap raises along the way. We just hope that the initial drilling gives them enough of a boost to do so at a higher share price, as well as enough information to refine their geographical models and develop their next phase drill plans in a cost effective manner.