@nippy Foff... don;t you start into me, I'm well invested and calling it as I see it. They don't have enough cash to build Phase 1 and make the final A$15M Tranche 4 payment upon production the way I see it, unless you want to correct me on that? I said "They need either an off-take line of credit, some other finance as you say or one another CR."... add selling bauxite or their first born onto that list if it makes you happyMissed that $9M thanks, so approx $26M to play with, still not enough for Phase 1 capex and the $15M Tranche 4 if it triggers before any sales revenue comes it (plus working capital etc during ramp-up and sales etc).
Please don;t assume just because I want to understand what I'm investing in that I'm downramping, just like to be realistic is all. Great project becoming an even better investment in my mind with the mining permit and construction time-line information shared with me. Happy days
GLTAH
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