Thx Quek all good points - for me it seems we are more beggars...

Thx Quek all good points - for me it seems we are more beggars now than choosers. I still believe in the project getting started but i can understand why banks are more stand offish but was surprised no north american car manufacture wanted to shore up supply up via Urbix. The shift from module 1 to maybe 2 modules at once was odd and away from crawl walk run. We couldnt raise for module 1 but then tried 2 at once ( maybe as project is so late) , Its a 2026 project at best now just to get some production and prob 2030-32 until up and running fully which is 7 years away. There will be dilution either way, the project had lost all momentum so it feels we are waiting for Posco to do a deal - we definitely arent getting the door knocked down. The longer we they wait cheaper and more desperate we become unless someone else emergers. Is the large Flake a problem to sell vs the fines ( cost of breaking down to expensive). Macquarie are obviously trying to help but when i bought for 7c just after Posco i thought it would be $2 within 5 years but im not sure it gets there ever - but i guess this will depend more on the graphite price and whether it can get lithium-esk traction.
Cheers