Ann: Funding Facility Extension and Cleansing Notice, page-26

ok so we have a stock in an explorer looking to become a producer. The underlying resource is massive and if the business model was to stay as an explorer then the outcome would be to sell the mining rights and move on. But looking at becoming a producer, especially with an extraction method which is untried requires a huge amount of cashflow and will continue to do so. For those worrying about diluting shareholder value with new cap raises it needs to be understood the value of the resources arent nearly valued fairly in the share price atm imo. The raising of funds needed is miniscule in so far as the value of the underlying resource. If you don't have the patience to go through the pain of becoming a producer and the risks involved then maybe this isn't the share for you. Very few of the major holders are selling out. I would love the share price to hold up but the cost of funding is scaring investors but when shareholders gifted option purchase rights aren't taking them up then alternative funding is having to be sourced at higher costs for both both operations and PFS. DYOR