Ann: Bass completes Capital Raising for Expansion and Drilling, page-32

I think you miss the point made previously.....He said we don't need to raise, we have enough cash..... a prudential level of COH..... he didn't say.... if the options don't come thru then we will need to raise.

practically speaking it is only an issue if we need to raise cash via equity issue, which we don’t.  We deliberately retain a prudential level of cash of hand and have an ever growing list of receivables as sales ramps up over the coming weeks / months. More importantly we have zero debt to service and 100% of our project. .