Cash funds will be extinguished within the next Qtr if cash burn rate is commensurate with last reported Qtr cash outflow. In order to minimise the potential dilution of our existing shareholdings I would hope that the anticipated resource upgrade is announced prior to the need to call on any additional equity funds...
No mention of any cap raisings within the upcoming AGM resolutions? Where is additional required cash likely to come from - Noble loans? Anyone able to provide some insight?
Ann: Quarterly Cashflow Report , page-2
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