I've only had a cursory look at Theta, but note their proposed...

I've only had a cursory look at Theta, but note their proposed plant throughput is 820ktpa, MLL's is 3.5mtpa - 4 times the size.
Always hard to compare apples with apples as no 2 mines are the same, however it is encouraging to see their market cap compared with ours though different grades, different throughputs and they are at a different stage of development.

I also note they had less than $1m cash Sept 30, and about a $3m loan. I'd guess a cap raise very close?