SRT 4.00% 26.0¢ strata investment holdings plc

identify drill targets b4 any major expense

  1. 5,391 Posts.
    Guys ...the drilling rigs are what burn the cash up ...they will be ok for most of this year with current cash of 1.5 m as the report stated they will only be indentifying drill targets following airbourne radiometric surveys and reconnainance work...coupled with gathering more historical data which may cost a few bob, they will not require any capital raising until possibly the last quarter of 2008 which i believe will be required for the forward drill program once we have the drill target information....cheers JAM
 
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