Mick,
As much as I hate to perpetuate your thread, you've forgotten to add cash raised for the second tranche of the last funds raise at circa $600k. You may recall an EGM voting on this.
I think we've also thrashed out the funding position on this for some time, you might want to check the older threads - but yes, this is a risk, and management have identified a few options on how this will be addressed IF required.
I'd also suggest you update your sentiment to sell as every post you make is negative. I also query as to why keep posting on a share where you do not hold. Seems like a waste of time if you ask me... unless there's an ulterior motive - otherwise foxtel has some great new packages - I'd suggest Game of thrones if you're as bored as you seem, its a good watch - I'd particularly suggest looking out (in season 2 or 3) for Ramsay Snow (Bolton) given your penchant for posting.
I'll also be upset if there are not good announcements to support the share price by mid-July. Not necessarily to work toward a cap raise, there just will be a good run updates due on inventory, plant operation, grading and graphite.
Capt A.
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