If they manage to raise another $33,787,500 that's 105 days funding at ~$322k per day. That takes them out to the first week of November... and they still won't have the cash to pay Precision to progress Azer-Cel...
Further, they don't have firm commitments from sophs and instos; they're looking to raise the cash via Bell Potter (which is yet to occur):
I've told you numerous times, Average Al. This is why they call it death-spiral financing.
IMU Price at posting:
1.7¢ Sentiment: Sell Disclosure: Not Held
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