rough estimates for next cap raise, page-20

They have enough funds for a few more rounds of drilling and the required studies to get us to production next door.

A lot can change in that period including JV's from interested parties but....

If they need more money for what ever reason I'm sure sprott will find a suitable benefactor on the right terms to supplement the coffers. With a current MC of around $15m another Cap raising should have neglible impact on the SP and if its anything like the last one might actually lift it higher.