If you had done your research you would know the remaining cash...

If you had done your research you would know the remaining cash had little of the FTF remaining. Flow thru funding is conducted at approx half the dilution by allowing the raise to go thru at double the CR price where the difference is paid by the Canadian gov, but FTF can only be used for exploration. The other pool of money was raised normally like every other CR.

CE had enough cash to drill but why use the expensive non FTF money on drilling only to raise the expensive way later. Given the dropping li price, it was a brilliant strategic move. If he didn’t do it, we would have to raise the normal way at near rock bottom prices instead of raising at the equivalent of $2.38 when the sp was at 1.37.

If you don’t understand this, you need to go back and read up on what flow thru funding is all about.