I dont think its fair to say they are losing $10mil a Q, that was only last Q, and they stated some reasons on that.
However, they have stated they expect over $30mil in expenses this Q (see their last Q update), and if you really must apply a cash burn rate, of $10 mil a quarter, 3 quarters (they had $30 mil cash last Q, plus $15mil more in cap raising Jan) is reasonable.
That would give them 3 Quarters at least.
Note that they are actively seeking another finance facility, so I doubt they will cap raise for at least 6 more months, and by then they would increased production and potentially upgraded resources holdings, which means they will be worth more.
DYOR, but I dont see any reason to sell, but many to buy.
CRE Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held