Exactly, the last Quarterly stated 10 quarters of funding available. The company has to reasonably foresee costs to get this figure. Something must have changed.
It will be either to fast-track Nachu (JV?) or perhaps a more likely scenario to take a larger stake in C4V (which seems to be wise). I can't see how this will be one of those lazy $5m Cap raise at 27c for 'operating costs'.
Exactly, the last Quarterly stated 10 quarters of funding...
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