It confirms the opposite of what you are saying Spid , the negative spid spin merchant of them all !
Group had cash available of $12,496,101 (30 June 2021: $5,659,691) and exploration, lease and the Lindi Jumbo Graphite Project construction commitments for the next 12 months of approximately $23 million. The Company also has access to the US$20 million debt facility with CRDB expected to commence drawing down in March 2022 , the first draw down on the Lindi Jumbo Project Debt facility is anticipated in March. This has an unintended benefit of delaying the commencement of the project debt grace period and potentially lowering the interest cost during construction.
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