LT,I've found the figure I was talking about. It was in a...

LT,
I've found the figure I was talking about. It was in a company General Meeting Announcement from 2011 concerning the ASOF transaction.

http://investor.metalstorm.com.au/IRM/Company/ShowPage.aspx/PDFs/2174-78884417/NoticeofGeneralMeetingProxyForm

Para 1.7 on page 11

At the high end, the Company is looking to raise approximately $32.4 million, of which $17.4 million would be used to repay the Face Value of the Notes currently on issue by 1 March 2015 (if the proposed extension of the Maturity Date is approved).

Now it may be that the Lux deal has now reduced that $32.4m figure due to their payout of $11.2m of Secured Notes debt....so not sure what the balance of future fund riasing required will be.
It's been hard to keep track of the overall planned funding with so many Appendix 3B's and other funding related announcements over the last couple of years.

On a positive note though I did re-read a CEO Bulletin from 17 Jun 2011 stating that recurring ammunition revenuw from 10,000 MAULS would be $30m per year.....we just need them to get 10,000 MAULS out there !!!!!!