You were right. I was wrong.
9.7 + 6 [ back costs ] + 13 CEA share = 28.7.
Will require about 10 million to fund drilling.
It would appear the raise was done as cash was getting on the low side.
Still not sure why they didn't go for the full amount....unless they are expecting something to drive the price up to raise at higher...or another farm in is on the cards?
