re: Ann: Advanced Off-Take and Debt Negotiati... KEYMAN,
You don't get a smelter for $80 million! That's why CQT is planning to sell a precious metals concentrate to a Chinese (or other) smelter/refiner. But for CQT, that plan should produce quicker cash flow and a MUCH lower capex nut to crack.
Like the classic business advice goes "HAPPINESS IS POSITIVE CASH FLOW!"