Yep, I will assume that the next quarterly will show roughly...

Yep, I will assume that the next quarterly will show roughly -$10m of net working capital. Overall they are probably ~$20m in the hole at this moment including a provision for the first debt repayment.

If things progress well through the December quarter that ~$20m hole could potentially reduce to a ~$10m or ~$5m deficit - Not enough to starve off another ~$20m to ~$10m capital raise.