We still have 500k in cash, that's enough to drill without a raise potentially especially given we should have better targets defined now with aerial survey. Maybe we should just take Peter S at face value on no raise as astounding as that would be given the feelings on here towards investor presentations.
Cash (24/1/2019) A$0.5M
Maybe the investor presentation is just a market update to reignite interest in the stock, there is some big new info in it that isn't apparent at first glance. Or perhaps we have found so many good targets we need to raise more funds to get drilling. Half a mil will certainly get us drilling though if need be.
Note below which could be big news for Beowulf -
"Significant structural targets in initial AEM results"
Major Australian Gold Deposit, page-99
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