Ann: Quarterly Activities Report and Appendix 5B Mar 2023, page-6

It's a bit frustrating that the major dominos haven't fallen yet as it seemed 6 months ago like a lot more would have happened before a CR was due..
But that being said, RCF obviously want to put money into this project and took a stake in the neighbours probably in part due to reaching their limit here without triggering a takeover clause, so you would assume they will take a major bite of any new shares issued.
Ian is also focused on protecting share value so if ANY major announcement is due soon that might see a decent price rise, he'll scrape out petty cash and ring the oily rag dry to delay a cap raise if it means raising at a much healthier price POST good news.

I am sure Ian is optomistically not even thinking of capital raising to keep the lights on, but full project funding within the next 6 Months.