Ann: Investor Presentation, page-3

A little less cash than I anticipated but ok. I think you are right about a raise, dont think enough 10c oppies to convert for what we need for completion of Storm drill season. I am guessing we'll need another $3m, hopefully from Canadian flow thru raise like last time. If at a premium, as before 15m to 20m further dilution to get us thru to end of year.

Of course, if the price gets up into 30c range by July we'll have another $5m from 20c oppies. I have a bunch of them myself so will convert if SP is around 30c