Kurce,
one needs to have sighted the quarterly activities report to gain a better grasp of the proposed expenditure for next quarter.
Current cash reserves is indeed 1.303 million BUT their estimated cash outflows for next quarter is 182,000 AUD.
The firm is land banking at the moment and have a lot of acreage in the HOTZONE. I do believe that they will be able to farmout their acreage when the time comes which would be right after the assay results from AUC, TLM etc.
Kurce, one needs to have sighted the quarterly activities report...
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