Ann: Filling of HMW Pond 2 Commences, page-62

Yes it’s completely understandable also that GC would want security for an advance of any size, let alone US$90m. But how much security?
We would be what, half way through the stage 1 build and costs?
A lot of holders don’t want dilution, but the alternative could be putting the putting the farm up as security. With only around 500m SOI, we could dilute easily through stage 1 then fund from operations the next stages if we had to. Less risk. Once the profits roll in the sp will pop right up. Of course at 40c sp it will be a lot of dilution to finish stage 1.
Just my random thoughts.