No need for a raise at the moment. 4.7m on hand - 2.5 quarters remaining.
Plenty of time before it's required and they've pretty much completed all the planned drilling for the first half of 2022 already so cash burn should slow down.
Will be interesting to see what the MRE brings - should rerate the SP well before a CR is needed if it comes in as expected.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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