Have you actually listened to the interview
@Topo ?? Regarding your claim that AS revealed there will be a $50m CR coming soon.
From the interview...
AK: "and you got some money off the state government?"
AS: "Yes, we were very pleased to receive US$40million... That will go towards the expansion of the initial 5tpa demonstration plant, to the 20tpa plant".
...
AK: "so, what did you say the output is going to be once you upgraded? This will take the initial 5,000 tonnes to 20,000 tonnes, did you say?"
AS: "20,000 tonnes, so that will take an additional $50million US, and we've got $40 million"
AK: "that you will have to raise?"
AS: "we will have to... On the expansion next year, we will..."
So yes, there was mentioned $50m is required for the expansion of the WA plant. But no, AS was pretty clear that most of that is coming from the government loan.
No $50m CR is coming any time soon.
