Well if the dso is delayed which it looks like then management will need to have some other cards up their sleeve.
they also have to find 2.2m in payments to aleees by the end of June (1.1m by the end of March) plus feasibility studies on the lfp plant and yellow phosphate plant. So that could be in the realm of 7-8m they will need by the end of June (including au xingao loan)
market cap suggests that the market isn’t thinking either of these projects is getting up without announcements to the contrary. However strategic shareholders chucked in 4m in dec so……
Ann: Addition to Announcement - Loan Facility, page-14
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