Once the IP survey and surface sample mapping that's currently...

Once the IP survey and surface sample mapping that's currently being done are both completed, they need those to help finalise drill targets for the upcoming maiden drill campaign.

Those results are meant to be due soon, so drilling not too long after that I imagine.

$2.8m cash gives enough to drill and then raise later for a bigger campaign if results come back as good as the samples so far and with 120m shares on issue the dilution will be minimal and next raise I imagine will be at least at the $20m market cap level.