As expected with the delayed FNTP the company will run out of cash this quarter.
Question is whether they will make use of their existing $8m facility or secure funds elsewhere.
KPO state they intend to lodge application to AUC for construction and operation of the Saddle Hills project in "late July" so presumably they will lodge this tonight given that to lodge it any later would mean it would be lodged in August or later.
FNTP is still projected for Q4 2021.
Ann: Quarterly Activities Report and cashflow to 30 June 2021, page-4
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