Correct, AUD $5.1m within the next fortnite. Add that to $9.5m in the bank reported in July and less operational costs from July to present. There is cash in the bank for perhaps 6 months.
The IO is pretty much ready to ship, just need the shipping costs to rebalance (it's not just IO they affect). IO price needs to stabilise which will probably tie in with shipping cost timeline say 6 months. All will be down to the wire it sounds if they pursue this route of IO funding everything else.
Ann: Riley Mine - Update Following Completion of First Shipment, page-57
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