Ann: Appendix 4C - quarterly, page-220

According to the company it was cash flow positive in June.

With the expected cash outflows in the next quarter being only $6.3 million compared to a receipt figure of $6.8 million this quarter, there's no reason to believe June was an isolated month and the company will continue to be cash flow positive going forward.

Also the company has been constantly stating that it will be utilising debt rather than a CR should any working capital requirements arise.

This doesn't rule out a capital raising, as I'm sure management will weigh up the pros and cons of debt vs equity should the need for cash arise, but just providing a counter argument to your claims that there will be one announced shortly.