Comment by
hope2 on Jun 27, 2011 2:36pm
As at Sept 2010, they had almost $4 million in cash, and operating costs were burning through it at about $550,000 per year, so they should have enough cash left to pick up their share of the costs unless there has been other major expenses since then...
Comment by
SCORPION17 on Jun 27, 2011 8:26pm
In their March Corporate Presentation (page 3) they only had $500,000 left and with BUK sourcing pipe and designing pipe installation etc. there must have been a cash call or two. Can't be much left.