total cash only 912k last quater, page-2

Well asked Jstar, RDM is well and truly living hand to mouth and if it doesn't get a big hit soon there is not much chance of an institutional placement or a farm in.

If you are looking for assurance that RDM will be able to issue more shares when the money runs out, then I for one can tell you I will buy my allocation from the little bit of cash I put away each month for that purpose. I want to see this company keep drilling.

From past issues, it looks like about 70% of the shareholders feel the same.

RDM competes with other small cap explorers for the pool of high spec mineral exploration funds in the economy. It is still in the race because it seems to be spending the money drilling worthwhile targets.

Maronan is not a sudden inspiration, RDM has been working on it for a long time and shareholders were very willing to put up the cash for the hole reported yesterday, but if it disappoints in the end there are still other targets I want to see explored.