Depends on your definition of chasing hard. It's going into P1:
http://www.lepidico.com/wp-content/...lodged-for-production-of-silica-chemicals.pdf
By funding for scalable development, do you mean building S-Max into P1, or building all of P2? P2 certainly hasn't been budgeted for, that will happen next year in P2's PFS.
S-Max is plugging into L-Max, so I'm sure it will fit into the budget.
lpd share price, page-274
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