It looks like no sooner than the SPP is complete ,RAW will need...

It looks like no sooner than the SPP is complete ,RAW will need to put their hand out again for more funds

I see the SPP only raised $344k compared to the maximum desired amount of $2.06mil.

If I understand there cashflow statements correctly, at the end of Sept qtr they had $1.69 mil cash

In the Dec qtr they drilled Bellbird budgeted at $900k plus ~$100k admin leaves $690k

In Dec qtr they raised $450k in a placement plus $344k from the SPP boosts cash back up to ~$1.484mil

Jan 2007 they drilled Appardare. I assume they were funding 80% of the drilling cost so combine that with the March qtr admin and it basically wipes out the $1.484mil. ?

I could be wrong but Dec qtr cashflow report will be interesting