Why would anyone be worried about a cr when the company had...

Why would anyone be worried about a cr when the company had 17.5mill at the end of last quarter with more coming in with the options? Large plant components are already paid and delivered so there can't be any urgency for a cr. There should be plenty of cash for site works, concrete etc. for at least a few months. We are more likely to see the cornerstone investor loan or other funding source before we see any cr. Especially if most of the options get exercised. Most of the options are in large holder hands and they won't be worried about this very low volume pull back to 15 and 14.5.
I posted the numbers earlier and will post again here;

The DFS stated that "the Project only requiring further funding of US$40.0 million, after allocation of existing cash and including working capital requirements". The company later announced US$10mill reduction in capex. That leaves them US$30mill short - including working capital. If they go with the cornerstone investor US$25mill debt option, the shortfall is only US$5million or A$7.5mill. If only half of the 15c options are exercised, that raises A$5million. The shortfall is then only around A$2.5mill. Not nearly enough to require a cr in the next few months. If a cr is done closer to completion of the project (to provide any remaining working capital requirement), it might be done in the 20's.