Yes they’ll be needing to raise before year end, with the current share price is 2.9c trading at 52 week lows, this might suggest a raise < 2.5c.
There has been talk of grants long before Jeremy stepped away, we’ve had Simon Lee step in as largest share holder at 10c, tbh I don’t think we’ll see anything exciting regarding funding until the pfs is done.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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