Ann: Pre-Feasibility Study Further Improves Poochera Economics, page-360

Funds from options will comfortably cover working capital for 2021.

Usually when there is debt funding there is an equity component alongside. They won't organise debt/equity funding until after DFS is complete and offtakes are also in place.

This is also noted in the study:

It is also possible that Andromeda Metals could pursue other ‘value realisation’ strategies to provide alternative funding options.​

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That could come from selling interests in non-core projects. E.g. the gold and copper projects. Although I am not sure that funds will be significant, unless resources are fully defined.

Share consolidation isn't really essential.