From Volt's last quarterly they will need money by this quarter...

From Volt's last quarterly they will need money by this quarter end.

Several ways they can get it:

1) Expansion of the Convertible Note that was done recently
2) Placement to Sophisticated Investors/Institutions which usually would mean a discount to the last traded price
3) Share Purchase Plan. Not sure if existing holders will write another cheque to top-up on what they already have. Maybe there could be an underwriter? This would have to be a discount to the last price.
4) 2c Options early conversion. Don't see any signs of this to date and these do not expire till year end and Volt needs money before year end.
5) Major Financing Deal for project development. This will re-rate the company big time in a positive way. All existing VRC holders will want this path. With changes in Mining Laws in Tanzania (Magnis still in suspension) will the be a partner that will take this risk. Also what are the new financial parameters with the project being downsized in Stage 1 development and the government getting a free carried of 16%.