Ann: Letter to Shareholders, page-22

Rob, you know that this does not take into account the $25M raise which occurred subsequent to year end. They repaid approx $16.5M of loans on Saloro with that so that gives them a further $8.5M of working capital. I believe they also have the second royalty facility available but I'd imagine they hold off using that unless they really need it. There's also approximately $9.5m of current receivables and inventory (recognized at lower of cost and FMV/selling price) which should go a long way to working capital requirements.
I still don't think they'll require a capital raise, nor do I think Oaktree or Cronimet would let them at current share prices.