They have raised the cash.
However, they recently had an adverse finding from the tax office saying they would not receive the R&D refund they expected and have borrowed against. This has created some uncertainty about whether they will need to raise cash sooner rather than later... but Warrego is already funded... at least for the initial stages.
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- Ann: Warrego West Erregulla-2 Campaign Commences
Ann: Warrego West Erregulla-2 Campaign Commences, page-13
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