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249 Posts.
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28/03/11
14:02
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choosie,
Native title is signed into a legally binding agreement.
Sounds pretty secure to me. Will be confirmed at the next community meeting.
Cash should last at least 6 months into this year. Sorry took the figures from start of Jan. 11M with average of 1.8 month should last to end of June.
With the mobilise of the second drill rig cost could be higher than last Q.
Still, i am confident they will get a financial agreement with JTC befor cash runs out.
Anyway a small CR will not affect my LT view.
all imo. dyor.
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