Ann: Bird 13-18 Well Operational Update, page-13

595k cash as at the end of sept
Corp costs and prod costs and interest 440-470k
Evaluation costs before hand over to the other crew would have been at least 100-150k this quarter ( October )
They would have around 0-100k left in the bank as we speak with December still to go. They need to fund 5 months which is approx 850k with zero activity . They have 1.6m owing with market cap of 2.5m They will then need to raise more money for the next 6 months in 4-5 months from now for Corp costs and drilling . This would need to be at least 1.6m. So within the next 6 months they will need to issue shares to raise the equivalent of current market cap
Just can't see how they can get new shareholders to support 5 months of doing nothing and paying salaries