Ann: Company Presentation, page-34

Hi Hotfire
I believe you are misinterpreting the footnote. It quite clearly states "The company and its joint venture partners are assessing various project level options, including working capital facilities and product prepayment arrangements with customers." "Project level options" do not usually refer to capital raisings. "Working capital facilities" = an overdraft facility and "product prepayment arrangements" with customers simply means a prepayment before delivery (usually at a discount). These sort of arrangements are pretty common when cash is a bit short and it is only responsible of the company to be looking (and revealing) the sort of credit arrangement they might pursue.

In my opinion, it is all on track and the constant knocking of the company is getting a bit tedious. On the bright side the down ramping is providing the opportunity to top up, which is what I intend to do!