Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-98

Ah yes... but are they getting the best possible deal or simply struggling to find a lender?

Have had more than enough time to work this so funding for the plant would coincide with the expiry of their upcoming options in June. They would have known full well what the DFC wanted a long time before that news was slipped in the recent report.

No question.

12 million extra for the company to spend towards the project, pleases the loyal shareholders who have stuck with them and saves a future capital raise at a poor price. So potential could reap the benefits of the oppies AND take a CR at a much higher price AFTER good news.

My view is this......if they can come up with that lender/arrangement for the plant before expiry then the company has pulled off a business masterstroke. If not, then they are genuinely struggling to find a lender with little interest in their technology.

By CAPEX costs, a dirt cheap amount to start up a chemical hydroxide plant. So really could be doing it a lot tougher to source funds. Plus the UAE aren't really short of a dollar. If they like it.... they will buy it and have plenty of coin to do it.

So lets see what JW has up his sleeve.....have literally lost count of the times he has said LPD is on the 'cusp'