Ann: Controlled Placement Agreement - Extension & Release, page-7

I do think that the very good cashflow of approx. $4 mill/month is not enough to fund a project of this size.
Considering the the drilling , infrastructure and plant upgrades, they have done well with cashflow recently.
Raising $24 mill just cements the fact that this project will be a goer.
Coupled with Acuity extension this provides protection as I think 2021 is going to be a wild ride for debt and the markets.
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