RE: Going forwardQ2 2011: 67M cash, 19M other current assets
Q3 2011: 30M cash, 23M other current assets
Production report says: "As at Dec. 31, 2010, 113-million (831million rands) of the 147-million (980 million rands) allocated for the completion of the phase 2 expansion program had been spent, while 28-million (216 million rands) of the 45-million (295 million rands) allocated for the new TSF had been spent."
My assumption with the above information is that FIU needs 50M in capital (34M + 17M) if you assume that the current level of working capital is the minimum necessary.