RE:Accumulated Deficeit over $25,000,000THey did raise abuot $5m in 2023; and I reckon they have a corporate cash burn of about $500k a month.
This means - to me - that they will need to raise more money to fund Storm - or what they plan to do at Storm this year.
UNdercapitalized is not the position to be in when exploring on sommerset island. ALways have an exit startegy planned.