The 25M from insto placement covers for the pilot plant, every thing else from the SPP is working capital.
Any cash is gonna accelerate the production.
And get ready for a beautiful DFS in march cause i doubt we'll still be aiming for 19kt of anode from vittangi with the extra drilling from the SPP money.
that's my own opinion, dyor, drink wine etc...
$ 37 million placement, page-46
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