They have 2 qtrs of cash left based on current spend rate....but yes they will have to raise again before year end you would think.
There are many supportive large holders on the register who will no doubt step up.........no point in jumping at shadows though as more good news from the drill bit can change everything.
I'm sure we will get some more informed commentary from management to flesh out the path towards an extension in JORC resources soon given the above IMO.
DYOR GLTAH
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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