capital raising before xmas ?, page-6

Funds required by Orocobre = $18 million including contingency.

Current cash position is approx $16 million.

So a very small raising may be on the cards but it would only be to cover the contingency. Line ball as to whether it is required. It'd be wiser to conduct any CR when the well starts running empty and we have a clear indication of how much exactly will be required to take the project to commercial production.