Ann: Placement - Extension of Settlement Date , page-6

And here we are, another week late, and no news on the settlement as yet. Surely had the settlement been executed, we would have had an announcement.
Expected cash burn this quarter (from the QR today's date) expected to be $5.066 m, with cash at end of qtr of $4.732 mill.
Sale of Warriedar Iron Ore and Gold JV for $8m as announced on on 14/7 is subject to fulfillment of certain conditions being met, and no expected settlement date was announced.
ROY needs to get this money ($6.93 m before costs) into their coffers as not too much cash left.