RE:From new presentation .Two other things that stood out:
1) deepening Jetstream #1 by 700 meters and drilling two step-out wells.
2) Cash: C$3m
If they're going to implement 1), they'll need to do something about 2). The current cash balance is still enough for them to run on for a good while though (and perhaps enough to do some seismic). It always helps to raise money when you're not desperate, which should make it easier to raise without too much dilution, but, be in no doubt, the current cash pxositio is not sufficient.