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Revenue streams are not progressing fast enough. With further plans for new wells to go into production soon should alleviate any pressure for a CR.

Estimated cash outflows for next quarter including exploration and admin costs are $1.198,865 and
total cash this Quarter $2,147,376 leaving a cash burn of $1,450,656 since previous quarter.
Revenue has to increase for mid to long term survival and the proposed wells to come into production shortly will assist here.