Ann: Quarterly Cashflow Report, page-6

Assume that SPP raises nothing then they have only used 37% of placement capacity for the year and are funded through to end March which still gets you through to 2nd iteration of mre which expect will be greater then 1m MRE (split between inferred and indicated is open for debate) at 1g/t. Far from the end still demonstrating capacity to build scale just might have to do more infill drilling as worst case scenario to keep growing indicated. Obv hoping for a pump from regional target drilling to promote regional and capacity to grow project further.