EKA had $6.8m at 31 Dec 10, no cash receipts in Dec qtr and...

EKA had $6.8m at 31 Dec 10, no cash receipts in Dec qtr and $2.5m planned outflows for the March quarter meaning they will be down to $4.3m.~ at 31 March 11.

Getting a little tight with many more wells to drill so wondered what the consensus is on whether they will raise capital shortly.

I picked up a few on the basis of the positive Excellence in Oil & gas presentation but want to keep some cash if a raising is possible in next 6-12 months.

Appreciate any views.