Looks like a short term capital raising has already taken place as announced 13th October. It should provide breathing space for another 6 months. B But a larger capital raising is likely on a longer time frame to pay for lifting its equity in Textonic from 50% to 100%. The cash component of the purchase will be required a minimum of one year hence and as much as 3 years hence if a larger sum is paid.
The main issue is what cash do Afminex need to raise to accelerate exploration work in the near term. Perhaps the is what you are referring to.
