agreed Khaliqs - current announcement shows 20 Mill is currently available from the rotating credit facility (from which they can draw up to a max of 65 Mill.
With cash burn (even factoring sales receipts) creating a deficit of 55 Mill in the last 9 months..definitely suggests another credit facility or morel likely cap raising with be needed to fund future activities..unless some kind of farm-out or JV is announces..my guess is another cap raising within 6 months..
RFE Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held
