Aarobnoh
no they will definitely not need to raise again next quarter.
it says at quarter end 30 September 2019 there was $2m.
placement of $5m was done after 30 September.
it says current ie today's cash balance above $6.7m.
cash outflows according to company are expected to be $1.9m for next quarter.
so at end of December 2019 one could expect there to still be around $4.8m in the bank ($6.7 minus $1.9m).
BC8 not currently held but I do like this stock.
Ann: Quarterly Activities Report and Appendix 5B, page-3
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