Technical Insolvency ?, page-3

@Matricks Whilst some sort of financing shall be required near-term, calculating future cash balances by simple linear extrapolation isn't prudent. I agree that it should be on the agenda, but considering that drilling has now been completed, the burn rate of our cash balance shall slow down significantly as TMT move from fieldwork to lab & office work. As a better proxy, the quarterly cash burn approaching the PFS release (June Quarter 2018) was A$720k.