Ann: Amsterdam Milestone Achieved, page-165

The money from grant is to assist with a research program over 4 years, it could not be used for working capital. It also comes with a commitment for IGE to match the funding in financial or staffing terms.

If they have been telling the truth however there's a few million from the option conversion, $39.6m coming from Tangiers and $90m from SGC.

The recent actions of the board and management do however pose some pretty serious questions about their ability to tell the truth.

I hope to see the funding come in and the Amsterdam facility fast tracked to production. It's known to be real and has some solid support from stakeholders.