$730k in cash as of December 31, 2024, after completing a $678k...

$730k in cash as of December 31, 2024, after completing a $678k capital raise and receiving a $1.12m R&D refund during the quarter. While they recently raised capital, there is no immediate mention of another planned raise. Based on their current cash burn rate, I'd expect funding to last approximately 2.19 quarters, meaning they might not require further capital until Q3 2025. However, this timeline could shift due to:

1 Accelerated exploration or new projects
2 Unforeseen costs, or
3 Alternative funding sources like grants.

For now, they appear adequately funded, but market conditions or strategic opportunities could prompt a capital raise earlier than expected.