At the last AGM the BOD were happy the $20M USD was in place. It...

At the last AGM the BOD were happy the $20M USD was in place. It meant that they could survive 2 years if sales did not come in an orderly fashion. I think that they have accelerated their sales push more since then.
They had two goals, the first to get ahead without CRs and the dilution, and second to get to a point where they can start paying dividends. They may have to do a CR next year but they will keep it to a minimum.
With these two goals in place, if sales ramp up too fast, they will have bring Georgia on faster and get the money to do so. Debt will be the preferred option however they may not be able to get 100% debt yet.
So a small CR may be likely, backed by sales.