Ann: PDAC 22 Presentation Amended, page-103

We have $24 million as of nearly end of Q2. Plus expected $4.5m coming in= $28m approx.

Let's say with running 2 drill rigs only and cutting costs back a bit they can reduce from $9m to $6m per quarter.

$28m/$6m = 4.66 quarters of funding left.

That gives us approx a year, which equals CE's forecast of mid 2023.

That should still get the Resource Upgrade and PFS out before the next CR, but as people have said, it may be a sell the news event with our track record.

I still think we are going to need left field exploration success to swing sentiment around in the mean time, but at least we should be funded until well into next year.