Based on current burn rates and assuming no Revenue generations or no non capital funding inputs over the next 10 months. I would say the end of June 2024 they would require a capital raise.

I would also say that Revenue generation and non capital funding are much more probable occurances than a forced raise would be over the same period.

It is though probable in the event of Revenue gereration or non capital funding  associated to HVAC, Aptamer, Albany mine or other current projects, that Zentek would under take a voluntary equity raise with in this time frame. I believe that a voluntary raise would be priced at or about $5.80 Cdn and I will be pleased to participate in it.