Cassini will still have about $1M at the end of the current...

Cassini will still have about $1M at the end of the current quarter, with OZL paying for all the current drilling in the West Musgraves.
I'd like to think they can put off any cap raise until we get some results from the existing drilling and perhaps a boost to the share price.
Also May-June is not the best time to try and raise cash as many are into tax loss selling. After the beginning of July with some definite plans for some drill targets in West Arunta and maybe Yarawindah Brook, plus some nice results from the West Musgraves is probably the best time to raise.

Whenever it happens, I'm prepared to take up my full entitlement, and will apply for any left overs should there be any.
You can't ask for any better people to run a junior explorer, they just need a little bit of luck from the drill bit.