Ann: Becoming a substantial holder, page-15

I doubt a capital raising is on the cards at current SP levels.
Note:
That Bulu PSC settlement is due.
Have $257m in undrawn facilities.
Through to FEED on Watsia costs can be managed from cashflow, by then Casino and Bass Gas will be recontracted at much higher prices and Watsia already pretty special (onshore, location, production rates and reserves) will look even better with next round of drilling.