Hi BearI email the company last week with a list of questions...

Hi Bear
I email the company last week with a list of questions and got an email back from Hugh Warner,said he can't answer most of them because of the rules but did say that they have a healthy bank balance so they do not need to make a placement at these very low share price levels.

And he does expect to make an announcement over the coming week or two. but is working very hard to meet there deadlines so they can commence drilling as soon as possible and in line with our last quarterly statement.

so it sounds like they haven't started drilling yet...
So god knows whats going to be in the announcement...