They will need to raise at some stage by the end of this...

They will need to raise at some stage by the end of this quarter, unless they sell Mt Dimer or Yarbu (which is clearly stated as being considered for a sale). IMO management should play hardball with both assets in this record Aud gold price environment. Especially the Mt Dimer project after AUN's Mt Dimer Project tenements were snapped up last week by BCN. In comparison, ours is actually an approved Mine, with a decent mineral resource, plus plenty of underexplored prime gold land in its surrounds. It should be worth well above the $3M that AUN received for their Mt Dimer areas. The Au and Ag of the Mt Dimer resource is worth around $150M at today's prices so if we do sell it, then we should a decent price IMO.

Also, even if we do not sell either project in the next few months, we have all the Revere drill assays from 6 rc/diamond holes, we have the Mt Edon Li resource, then we have the Revere bulk sampling and the RIO drill hole assays all arriving in the next 3 months. There is no way we will be raising below 10c IMO.