E25 element 25 limited

PLL say the costs of the application were 1.9 million already...

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    PLL say the costs of the application were 1.9 million
    already and they are trying to preserve their cash

    SYR, looks like a capex blowout , SYR had to
    match their grant dollar for dollar, perhaps they
    couldn’t get lenders interested..? They applied for
    a much larger sum then the DOE GRANT as ahttps://hotcopper.com.au/data/attachments/6511/6511712-9b326c8d6397f76211672bc2a20ef2ca.jpg
    loan, is this their best
    hope of raising the required capex? Why wouldn’t
    they take the grant and borrow the rest? Surely its
    because lenders weren’t interested…?

    https://www.power-technology.com/news/piedmont-lithium-makes-u-turn-on-multiple-applications-for-us-government-funding/
 
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