Karlchen54, I'm fairly certain Castlelake we're happy with the PFS and also got a similar surprise to shareholders once they viewed the DFS.
I have no doubt whatsoever CL would have funded the project if DFS was as good as or better than PFS figures, sadly it is very far off.
I think you have failed to understand that CL control the outcome of Chilalo, GPX can't do anything as they effectively need to pay out the existing CL loan.
Such high Capex for a low NPV mining operation isn't going to cut it until graphite prices increase substantially.
Good luck. Try and do some more research this weekend.
Ann: Placement and SPP to raise up to $1.05 million, page-8
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