They raised $7.4 Million as per the ASX announcement on 23 Jan 2012. Through their sale of the remaining shares they had in Robust Resources (ROL)
So they are cashed up and I fully expected that they will exercise all of their options in IFE, which I believe will cost around $1m, so they have approx $6m in the bank. They can therefore continue to explore/drill until the money comes in from IFE later in the year
