preliminary working capitalAs of Dec. 31. $8.3 million
Probably close to $7 million now.... it is a week into Feb.
$2.5 million is flow through money for drilling. So subtract that and more like $4.5 million for running the company.
The Nebari credit facility requires they maintain a cash balance of $2 million.
So I expect they will need to raise more money sometime in the near future. Hopefully with good drill results it can be at a higher price.