Cap raising? That's an unbelievable comment.$11.7m cash,...

Cap raising? That's an unbelievable comment.
$11.7m cash, estimated outgoing next quarter of $1.7, but there will also be aluminium processing revenue coming in.

First plant build mid year is excellent. Yes mid-year is not a firm time frame, but there is no point stating a concrete date for something like that

As stated by other posters. the company only intended to drill the silica when offtake agreements were made. The silica resource should bring in millions per year when operational and in addition to the comments about it in the quarterly, they have hired a lawyer, in Tassie, to deal with contract issues for the Silica

The addition of NMP is out of the blue and outstanding news, because a further implication of it is that any new OS plants will be likely to include NMP.

If you keep looking at revenue from a company in it's build/growth phase, you're likely to see negatives. More cash coming in would have been good, but the reason for that not happening is clear and in my opinion the developments reported are very encouraging.