Im not sure what your point is.
Yes, AGY essentially has responsibility to fund the project. So?
If the current cash is insufficient to reach whatever milestone is required to secure partnership/other funding for the 10ktpa expansion work, then I presume AGY might raise some capital to bridge the gap.
Imo this is no big deal.
Imo they could raise a couple of quarters of cash relatively easily and rapidly, if they needed to, with minimal impact to current shareholders ie. minimal dilution.
How would that be disastrous?
imo your suggestion about needing a “plan B” (eg. outsourcing brine processing?!) is a waste of energy at this stage, for reasons explained on earlier occasions.
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