As many have said, we shouldnt need another capital raise.
If we cannot save up enough excess cash for NAL carb plant fit out. Then management should be smart enough to wind back exploration at Moblan et al in the mean time.
The excess NAL less opex should then be simply reinvested in NAL carb.
And if this simply is not enough funds, they should be on the hunt for a 3rd partner at NAL. One cashed up and experienced enough to finish off the plant. Then its simply negotiations of what they get ie chip in 300M for Nal and get a priority discount of NAL carb for said years or simply readjust the partnership cut to 10%partner20%PLLand70%SYA.
Considering the 25%/75% currently in place for the carbonate produce arrangement it makes partnering easier than 50% or 113,000 to PLL rubbish under a 25%/75% split....
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