Again, hard to say on the cap raise. More the sell into the bid that has dried up the buy today imo as the SP is fairly illiquid (given the T20 own ~90% or there abouts).
Cash position ~$4.8m at the end of March, no rigs on site at the moment. (focus is on booking the additional 19,000m drilling and planning)
~$290k per quarter revenue generated from the mining camp.
Given the lack of rigs on site currently, cash burn would have shrunk. CR may not be needed for a while yet.
