Will definitely require funding. Had $300k as per last quarterly, raised close to $500k in the SPP, paid $125k for Bottle Creek option (with $4.875 mil to pay if option exercised), and has $1 mil payable for Mt Ida, plus funding required for drilling at Bottle Creek that must commence by March 15th as per the agreement. It may be that the sole focus is shifting to this area so perhaps they may offload some other assets such as Paupong, but not likely within the timeframe for this payment. This announcement including potential processing facilities confirms some grand plans, it will be very interesting to see how management achieve them. They obviously were aware of this when entering the agreement, so I am confident they know the best approach.
