I dare say it is currently a balancing act between outflows and the cash at hand plus income from copper sales. I imagine the board have done the sums on the basis that there would be no need for further capital raising to manage the current modest mine plan. Left field events would of course interrupt the ideal scenario. I would hope that further capital for expansion would be raised through debt funding rather than through share dilution.
Ann: Kanmantoo Ramps Up Copper Production and Sales, page-42
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