future very much dependent on spp success!!!

Cash at 30/06/12 = $1,500,000
less:
late payments associated with previous exploration ($150k);
admin costs (1/4 of previous year)($150k);
executives, directors etc (1/4 of prev year)($205k);
Cash balance at end of Sep 2012 Quarter = $995,000
less:
drilling programme announced 1/10/12 - cost approx($1m)
less Dec quarter costs:
admin costs(1/4 of previous year)($150k)
executives, directors etc(1/4 of prev year)($205k)
Cash balance at end of Dec 2012 Quarter = ($360k)
Add funds raised by current SPP = ?

If the above is correct then the current SPP has to raise a minimum of $360k to keep the company afloat through to the end of Dec 2012!