Ann: Metallurgical Testwork Sampling & Gravity Survey Results, page-9

the cash balance late december is around $491k...

then 0.6c January 2017 they raised $360k

Feb 2017 they raised $180k at 0.7c, so the two raising after deduct 5% fee will leave EPM net $513k.

then March quarter forcast is $295k, so the estimation is :

$491k+$513k-$295k=$709k

so $709k after March quarter....which means no inminient CR required in the June quarter at least...

given EPM management has done a good job to advance their Manganese projects for DSO grade ore mining operation, i am happy to buying at the same price as Sophiscators got...

i am also a believer Manganese will be hot sector as Cobalt soon..