Capital needed over the next 12 months

On top of operation costs and administration the company will need to recover over the next 12 months about 13.8 million dollars worth of diamonds to cover the cost of purchasing the new fleet and another fleet plus plant and site upgrades including security work shop sheds and extra on on site equipment needed for other purposes such as dredging and drilling.
Until the June quarterly results come out we will not know how much if any money is left over after operating costs and at least if there is a reasonable cash surplus remaining.
If no or few large high value diamonds are recovered soon,at 10,000 to 20,000 cubic meters a month there will not be a lot of funds left over to cover the extra funds needed above.
My guess is if some large high value diamonds are not recovered soon a share placement will happen with attached new free options with a following rights issue.
The company may sought to raise anywhere from 5 to 15 million in total.
It would not be in far east capital,s interest to raise funds below 18 cents a share as its clients that are still holding would be loosing money from previous placements considering the options are about to expire worthless.
Unless some positive results come soon I put a high probability that there will be a cap raise at 18 cents a share with a free attached option for every two shares purchased.