I don’t understand why everyone thinks the cash situation is so...

I don’t understand why everyone thinks the cash situation is so dire. Sure they don’t have enough $$ to drill out Crusader-Templar, but that isn’t in the plans at the moment anyway.

I’ve seen many companies with less enticing projects and less advanced targets that have $5mill in the bank and that’s seen as plenty from shareholders and the company.
They have adjusted the spending/drilling accordingly by the looks.
If they starts hitting good intercepts at Branches, MC3.2 and MC4.1 then investors will start becoming interested again. Throw in any promising results from a maiden Bethanga drill campaign and suddenly it will be easy to raise capital(at a higher price).

Now that I’ve said that, we will probably have a cap raise next week haha.