re: yellow4 response Mikeyboy, there is no need to ask that, it is already announced knowledge, 2.8 million.... but, I know what you are getting at... it may be something others here may want to question when they have their discussion with Warren. From a general viewpoint, any company (speculative explorer, with a cash in bank of over 2 million is healthy).... for example, another interesting company I've tracked, TAS, had 500,000 in the quarter before some very publicised drill findings, resulting in 200% share price rise, and then two raisings, one publc, and the other a placement, before a CASH at end of quarter of now 3.1 mill!!!
All I am saying is that anything can happen and the majority of Spec Explorer companies thrive on these sort of figures ans they are not unusual. From EPEs cah flow sheet, there is over $700000 budgeted for further exploration this quarter, in South Australia and of course still the results awaiting YellowCreek.
Buy in Gloom, Sell in Boom. It is still early times.
EPE
enterprise energy limited
