Red Emperor, that is certainly a fair point. Actually it is...

Red Emperor, that is certainly a fair point. Actually it is interesting looking at the Appendix 3B from 2nd October, as it looks like they have made a placement of shares at 4c for "Drilling and Exploration New England". Paying some expenditure via share placement rather than cash it seems.

I haven't been able to find out much in terms of management's plans for the next 12 months other than the current drilling. I guess the results of the current drilling will dictate how they move forward from here and the potential costs involved (i.e. the amount cash needed).