According to my calculation:

In 2014:

-$6.1 million for drilling

-At $97 per foot (all in)

-1000 feet per 3 days

= +180 days of constant drilling

So you should start before the beginning of July.

In the 5 months between now and july, the company awaits:

1)3D on magnetic data,

2)then waiting for 3D on ZTEM data

3)Give al this data to SRK to do their magic

4)apply for drill permits after recieving the SRK report again

5)most important: waiting for funding other than diluting.

If you have to fund drilling by diluting, it will not be possible (at least not completely) so I would guess we wait for a Chinese or Indian investor.

This is how I look at the recent press releases and clarifications.

Am I missing something or is this looking accurate?

This timeline is possible and can be maintained?

Please feel free to correct me.

Thanks,

Poltava1