Ann: Quarterly Activities Report - March 2023, page-7

Meeting investors and a fresh presentation, plus a new broker report ... capital raised does seem likely.
Without a farmin or a capital raise they can't drill any wells or progress any of their myriad of other ventures.
Of course some may think that MCF should take them out of their misery and buy the company ... but that would mean taking over end of life costs for the Z&G field ... unless they to want to spray and pray with every potential green energy theme under the sun ... they just seem a little more serious than that.