cap raise around the corner?, page-2

I would be very surprised if they did but I have been wrong before
FR sept 2013
Financial Position Completed a successful capital raise of A$48.1 million and ended the quarter with $125.4 million
of cash on hand. Based on the value of oil and gas reserves as at March 2013, the borrowing base of the Company’s senior revolving credit facility was increased from $30 million to $48 million. Subsequent to 30 June 2013, the Company entered into a $15 million second lien facility with Wells Fargo Energy Capital and used the proceeds to repay a portion of the balance of the senior revolving credit facility. The Company’s total outstanding debt balance as at 30 June 2013 and as at the date of this report remained unchanged from yearend at $30 million. As at the date of this report, $33 million remains available to be drawn under the senior facility.