I asked my 7 year old daughter to do the math. Can you check it? ~$20m (end Dec Quarter) - $4.7m = $15.3m. NWE net share =20%. $1m in admin fees leaves $14.3m (please check my math on this one given you are so smart). So NWE able to fund their share of approx $71.5m in exploration.
I know we are 'simple people' over at NWE but I am pretty sure $71.5million is enough to pay for the 3D and the 2 well drill program you mentioned in your post...
Side note, I wish my bank account was 'unfunded' to the tune of $71.5 million......
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