Re: KP ... Follow-up drilling is not expected to commence until late in the March quarter due to seasonal conditions and drill rig availability.
Year to date (3 months) cash burn:
Payments for (a) exploration & evaluation .. $990,000
....................(b) development.................... $0.00
.
Estimated cash outflows for this quarter ..
Exploration and evaluation .. $720,000
Development ..................... $200,000
Is drilling currently or projected to take place at other leases South of KP this quarter , to account for $720,000 exploration and evaluation ?
Re: KP ... Follow-up drilling is not expected to commence until...
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