Lindsay Owler in the last announcement told us that “the result...

Lindsay Owler in the last announcement told us that “the result of the Nyungu Exploration Target estimation by RPM was very well received by the board and technical team...."

Great!

Lindsay Owler then told us that "it is critical the company turns its attention to the numerous regional targets on the licence in order of priory"

Great!

But what he has failed to tell us is where the money is going to come from!

Over the past 12 months ARE has embarked on a relatively massive spending spree in Africa, and no doubt they have now run out of money.

Are they going to sell assets to fund the drilling? Are they going to spruik the recent "well received" results to sophisticated investors? Are they going to do a joint venture and share the costs? Or are they just going to go cap-in-hand to the poor old shareholder - the unsophisticated investor?

And Rur, I don't think Barrick would make a move on ARE unless they are can get ARE's tenements for ... less than nothing.

Let's see if the quarterly report enlightens us in about 7 day's time.