Ann: MIN: Norwest shareholders' MinRes dividend opportunity, page-48

Cash raised back in April of $18M
Plenty of cash on hand as announced in last quarter
Yes that will go down due to Takeover payment, but NWE can still cover their proportion of the 3D and at least these 2 upcoming drills.
That then allows a 2C/2P number to be independently announced.
So they don't have to play with this silly game of what is in LD.

So no dilution or CR should be required in the short term.

@trousergecko you need to do what's best for you.

My last thought is, why would they change the board? They aren't being hostile or demonstrating any ill will towards what is happening.
Secretary has gone already, and I'm sure SR could fill that role if a physical change is required, and she has the knowledge of NWE too