Smart Cookies, page-9

I think the company is now basically going to need to minimize activities to conserve cash. Only a moron would go to the market for more cash at the current time. Depends on how desperate your need i guess.

Based on published figures at March 31 there will be $1.57M left in the bank. Given the virus scare they may have already cut back substantially. So that figure could end up being higher at months end. $1.57M wont pay for staff & admin costs for very long.

I think low cash levels & an unfriendly mood toward new issues could end up being a problem that affects many in the exploration sphere. The longer the current nervousness continues the more casualties there will be.

This could well be a factor that is being reflected in current pricing.