I can only go with the information on hand.
It's been about 4 months since the last CR. Some of that money was for automation (aka the million dollar bagging machine @Froggy $) and the rest to running general expenses. Even if we were to snag some more contracts, it's unlikely we will see that money hit the bank before further funds are required. especially if current contracts are to go by!
I don't think we will see a CR too soon but I also don't think option holders will exercise before August. If the SP continues to rise, they will be multibagging those bad boys and have no incentive to exercise, with the exception of saving some more dilution. There is the possibility one of the big T20 holders might exercise to save dilution? I would love that to be the case, but I think it might be wishful thinking.
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I can only go with the information on hand. It's been about 4...
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