I dont think the down rampers understand/or want too, where we are at IF we are issuing shares to GEM or even why we are doing that. Nor do they understand the requirements of the MOU for ALCOA.
We have to satisfy some trial runs with ALCOA before they commit more/sign off - for me this is a formality at the moment as they want to see us run the highly successful pilot plan under their watch. Probably blown away by Rolys ability to run the pilot twice and produce a lot of HPA on the back of a few dollars. But I digress on that statement lol, Alcoa are best placed with their engineers to improve the process design/flow - which was all stated in the timeline. Improve Engineering process before FID.
Anyway, it would appear on the surface that we are marching hard towards FID/offtakes, GEM facility was to be used to finance building/etc stages - and we are already thinking about needing funding to fund stage 1....interesting couple of months coming up imo
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