Are you flip flopping again rat with this comment and choosing to see only what you want to see again?? " It was never going to be used in current marker - it was only ever done to deal with Grafex."
The company never stated it was only for Grafex, this is what they said.
"Triton has obtained the LSI Facility to provide the Company certainty and security in being able to fund its current and future activities. The LSI Facility offers Triton a funding solution that is intended to be used in conjunction with the more traditional methods of raising capital in the open capital markets.
Importantly, irrespective of the current market conditions, the Company now has secured the funding to continue with the rapid development of the Nicanda Hill graphite and vanadium deposit; which allows Triton to focus on advancing discussions with potential offtake partners, completing the Environmental Study and completing the Definitive Feasibility Study by the end of 2015."
Notice they mentioned current and future activities, not just for payment of Grafex.
They also stated the funding will continue with the rapid development of Nicanda Hill graphite and vanadium deposit, so the LSI draw down facility is not just for the grafex payment. IMO
