Ann: Anson Bromine Benchtop Test Work Successful, page-58

I dont really care either way but the reality is they sold enough of their free shares (around 4.5m shares at around 5.5c) to then raise 250k to give bbb. They have not parted with any actual cash they just sold enough free shares to then get the 250k to give to BBB for the rest of their shares.

If LSI is so good then why hasn't BBB taken as much of it as he can as that would completely settle the markets concerns about short to medium term funding for the company.

I guess in the back of my mind I have this concern still there from my post back in august replying to 1s1.

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You and I don't agree on much but you are 100% correct with your analysis. Credit to you for acknowledging that LSI sold over 4m shares I don't believe BBB will use them for the plant, that LSI funding is a backup type arrangement.

One of the reasons I lost faith to some extent was over LSI, when I researched them I found another company was actually recommended that the LSI deal was not to be used as it was against shareholder interests. Ref Triton minerals. Ferrier Hodgson wrote

"...The Company and Long State had previously entered into an equity placement facility dated 26 January 2015. The purpose of the facility was to provide the Company with funding of up to $20 million for period of 2 years. We understand from legal advice received by management that it was not in the Company’s (or shareholders) interests to activate this facility. As such the facility was not used..."

link here
https://www.ferrierhodgson.com/au/-/media/ferrier/files/documents/corp-recovery-matters/triton-minerals-limited/triton--section-439a.pdf

DYOR as the saying goes but I have a view funding will need to be obtained elsewhere and LSI at best might be $200k here or there.