Ann: Binding MOU with Sinosteel, page-3

Well there is the Cap raising or at least the first part of it that has been discussed since that AFR article.

Based on other posts here, it looks like about $25m worth of shares may well be issued as part of this transaction to cover the electricals.

Its most likely the best way to get that part of the project done as Sinosteel are very familiar with the project and have a vested interest.