Have to be before end July imo. They don't have enough for next...

Have to be before end July imo.

They don't have enough for next drill AND admin + the gear is hired from one of the directors.
Inter party in 3b approx $140k per Q.

After all the debt repayments/ current spend to date, forecast Q outgoings. as I said, think they have around $400k by end July

Main point is they do not have enough to last next Q.
Given options are in the money, then cash can come from conversion, but with big dilution as approx 50% more shares will come.

So, fully converted, you have a cap around $13m @ 1c with $2.5m of cash.