Ann: Blackstone to raise $60m via Placement and SPP, page-21

Will the concentrator be operational before the pilot plant's online? After the bankable DFS x 2 are completed we should easily obtain finance for mine construction, with minimal dilution, will the concentrator restart be financed from that and how long will it take to get operational? Will we have to buy others concentrate for the initial pilot plant run? The idea of restarting the existing concentrator is supposed to reduce up-front capital requirements for mine construction etc. Having it good to go would provide income, if it's not ready it should still be able to demonstrate to a bank we have near term capacity to pay down any loans, although it's probably more likely we'll find the finance via offtake agreements and partnerships, isn't it?