Well, looks like it wasn't a big cornerstone REE partner by looks of it, can't be anybody too impressive given it's covered under "institutions".Tbh that ranks the timing to me as a meeeh, better done after the resource upgrade but before the scoping study. However I have zero say in that which I accept.
However, fully funded to BFS is good de-risks it, and means that we are not hungry for cash, so any discussions with a substantial partner are on our terms and those terms will get stronger by the month. I think the current investors will probably hold, not sell.
Ann: Ionic Rare Earths Completes $12 Million Placement, page-7
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