$2.6 mil spent last quarter from operating activities.
So our $6m will last for another 2 quarters, give or take. Which just confirms the well-known fact that if we don't secure the remaining $10m USD before July/August (this time they probably won't wait until last minute running out of money like last time, or so I hope) from Angolan financial institution(s), it will be another CR, and god knows at what price and if another round of options has to be offered.
Still in initial stage of discussion with Angolan institutions. Another thriller episode to see through until the end.
Ann: Quarterly Activities Report and Appendix 5B, page-11
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