Ann: Funding, page-37

The worst case scenario for me is a further capital raise at say 3 cents to 3.8 cents the last raise price.

The best case scenario is a funder similar to how Mariella went , deep pockets and a fair equity based earn in , with the funder only earning in anything once they spend the money and prove up a real resource .

it would be good if it is also a lump sum up front to cover previous spending

I don't mind if it is Illo or Guada ,but would be disappointed if it was the Brazil project.

Raising money in this market is not very easy , even though LRS did achieve this on the previous Illo project so if LRS can achieve this we should be back to 10 cents plus in no time .