Ann: CEI Grant for Walford Creek, page-11

Sounds like it will be a serious sized capital raising for a serious project. Given the apparent resource size (substantial against national and international comparisons) and need for timing (sooner rather than later) to be well placed for cobalt and copper opportunities, this sized raising suggests the slow and steady approach to date will move to into more of a fast track in future. Cobalt + Copper + Zinc + Silver in the ore in a sulphide deposit makes it pretty attractive to mine from a profitability and risk viewpoint.