Thanks Goldbull22, I should have checked the report posted by...

Thanks Goldbull22, I should have checked the report posted by AML a couple of weeks after teh quarterly, which gave the results of the placement. I have cut-and-pasted the key statement from that report below. So finances are good for future drilling, etc.

"Aeon Metals Limited (“Aeon” or “the Company”) is pleased to announce
that it has agreed to place some 39.2 million shares at 14 cents to
sophisticated and institutional investors to raise $5.5 million before costs.
The placement was oversubscribed enabling Aeon to upsize the offer. The
Aeon Board is very happy to broaden the Share Register with a good mix
of domestic and international long-term resource focused institutional
investors along with new and existing sophisticated investors. Bell Potter
Securities Limited was the Manager of the issue. It is expected that the
shares will be allotted on 16 August 2017. The funds will enable further
drilling at Walford Creek during 2017 and progression of the Bankable
Feasibility Study on the Vardy Resource."