How likely do you all think before we have another equity raise?...

How likely do you all think before we have another equity raise? The reasons I am suggesting this go along the following lines:

1) BC keen to drum up more institutional interest with a compelling story - introducing more of mgt team and speaker at higher profile sell side events (like Jefferies this week)

2) let's assume instos are keen (why would they not be!) but there is no real liquidity to build a meaningful position - so they don't get involved.

3) Recognising this BC could issue some convertible debt of some sought perhaps to be replaced by cheaper USG debt funding down the road OR bites the bullet and does another $75mn equity fund raise that brings in more institutions and gets us over the line for mine completion and SMP closing.

what do you folks think?