Ann: Renounceable Rights Issue to raise up to $15.8M, page-69

$7.8m more needed to fund the DFS, according to prospectus..

When I even dared suggest there was going to be a cap raise a couple of weeks ago, I was shut down by a poster who only posts on MGT stating that the DFS was FULLY FUNDED (the uppercase was his emphasis)

$7.8m further funding suggests to me they are a long way from completing the DFS, and it's a very large amount relative to previous suggestions they were fully funded.

It would be interesting to know how far advanced they are on the DFS and how much has been spent to date. Us minnows will probably never know.