It appears that the funds are primarily aimed at the cobalt. The...

It appears that the funds are primarily aimed at the cobalt. The size I think is to avoid too much further dilution, while allowing funds to do the exploration of Mt Cobalt that may not have been factured in the original financial arrangements for planned developement of Granville, then Taronga. They must be pretty confident of good results of further progression of Mt Cobalt as battery manufactures are trying to source reliable suppliers of cobalt already. It is a prudent move to be able to state how much and what grading we hold at this time.