Drill is going to be circa $40m - $50m (could be more with the increased depth). They have $10m with $6m of this allocated to increasing their exposure.
They have plenty to continue at minimal expenditure but haven't outlined how they are financing the drill. CR seems logical for atleast part of funds required. There could be government grants to cover some of the drill.
Ann: Baleen Tender Program commenced, page-54
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