Ann: Investor Presentation, page-6

Depends...

IF they wanted to expedite and make a start on drilling project E in tandem with progressing O towards DFS then we will need cash soon, as over half would go to drill crews, then add labs, resource modeling consultants, etc. A potential route that would need more cash

But to me this presentation is about drumming up interest prior to the results in a couple of weeks. Presentation calls out that they want to grow value through stepping along the story, so I doubt they will run a CR before August's scoping study, or perhaps on the mineral resource upgrade - share price wants to be well over where we are before that. Also could net another $1-2m or so in options conversions by then