They have just raised $1m, if they remain mothballed until settlement is complete then they wont need to raise for general working capital. But yes they will need to raise post settlement to fund Capex assuming options aren't executed. But if the case is settled then the project should be de risked enough to see larger funds invest.
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- Ann: Public Civil Action - Settlement Negotiations
Ann: Public Civil Action - Settlement Negotiations, page-18
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