Certainly hope not. Even though we all know what mr. Briscoe has stated in that past about Reverse Splits, we must be realistic in that it would / could / should be necessary at some point in time.
However, taking that action w/o substantial progress supporting it would most likely announce disaster for the SP. So I'm really hoping this is not it. A drill hitting the ground, the anouncement of a partner, yes, maybe. But not this NR. Please.
But with cash needed to drill and drilling needed to find a partner, and the shareprice being where it is. There might be very little options remaining if survival is part of the 'game'.
Just my 2 cents.
GLTA,
LR