I did some research on costings a few months back.
A new drill hole will cost 2.2 to 2.4 million.
Gb2 would have cost about 1.1 to 1.2 million.
Cane creek should have cost below 1 million.
Taking into account options that have been exercised the cash balance should be about 3.2 million as of today.
Time line of the next drill hole will depend on when the new areas have been granted.
ASN
Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
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