Those vendor obligations are pretty stock standard for an RTO which is what this effectively is and your consolidation presumptions come from I don't know where. Yes their are always cash raisings for juniors so that's irrelevant too. It's a junior and all your gripes can be applied to any project they brought into this. Have you met the ASX?
Ann: Acquisition of Highly Prospective Vanadium & Lithium Assets, page-22
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