Cap raise or low ball TO - u choose, page-7

A low ball or any ball TO will not save us from a CR.

I spoke today with David Edwards the CFO - a very courteous chap - and when I asked about a CR he directed me to the quarterly cash flow report. Its clear from the numbers that a CR will be necessary.

On the question of funding he again was non committal but made a somewhat curious comment that its about getting the "right" funding. That suggested to me that funding that's not "right" or isn't optimal has been offered so they are continuing negotiations with other parties. But I could be reading too much into that.

The time it is taking to secure funding does not seem to be out of the ordinary as production is still planned for second half 2019.