I guess the quarterly report will be out soon and this should give us an idea of their cash possition. December and January may have been quiet months from an expense point of view and possibly they had minimal drilling costs, etc. Hopefully they will be able to last a bit longer, at least until the 40 drilling results have been released.
From the past quarterly reports it can be seen that they do have some credit standby facilities and I like to believe that some of the larger backers will informally underwrite future fundraising should the market take a turn for the worse, but I am sure (I hope)_this will not be necessary.
I believe their new geologist is good news for the company and hopefully he will present the results the way the market wants to see them and communicate the importance of hitting 20 MT of Zinc at higher grades, plus all the other bits and pieces that goes with it.
BUR DYOR
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