Whilst this is not for Sconi, there is a saying that says 'leading edge technology is bleeding edge technology'. So, it is important that the non-core assets should be divested from the Sconi project so we can stay focused on Sconi project achieving funding.
On Sconi, the public information from the AUZ secure website provided a scenario for getting Sconi up and running based on CR of $US400 million from equity (with the balance $US432 from debt etc); with share issues to 40% partner bringing current 400mil total shares to nearly 1billion in total shares.
Can anyone advise impact on SP and whether this is offset by going to production and if so, by how much? Any ideas?
Ann: Proof-of-Concept Study Completed for Alternative Processing, page-12
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