Thank you for catching me on that, fnqricko. I was trying to get...

Thank you for catching me on that, fnqricko. I was trying to get that post out quickly and didn't state it properly.

You are 100% correct. The 3.7 quarters of funding remaining is comprised of our $5.7M in cash and equivalents + Acuity's $4M = $9.7, as tabled in our quarterly cash flow report at the bottom of page 4.

Your post contains valid points and yes, we are cutting it fine. Hopefully FID comes soon, rendering Plan B unnecessary, "soon" being this quarter, or the next at the very latest.

Regardless of receiving funding news in the next 3 weeks, I would like to think our expenditures for the present quarter will be less than the $2.6m of last quarter. If we don't incur the past quarter's expenses for development ($191K) and exploration and evaluation ($860K), our outgoings are reduced substantially, to more like $1.6M than $2.6M, allowing us a bit more leeway.

I agree a capital raise at these levels would not be pretty and we will hopefully not need to go there.

Tonight, will try to answer Ddog157's question on our possible funding arrangement, based on my interpretation of our last QR. Cheers.