Facts, page-36

@rocket973,

I think you are spot on.

This explains why the debtholder will only invest $6M for 25% IFF certain conditions are met.

Even with the titles to the smelter, they still need other conditions to be satisfied before they contribute $6M.

So extrapolating $24M for the whole project, is conditional on a number of different factors.

We still don't know that these debtholders will even end up depositing these funds (if their conditions aren't met).

Time will tell, and the longer that passes without receipt of these funds the more deja vu to the Pak Marthen situation (who agreed to contribute $10M for 10% but never actually did). The stock price then fell from $0.0042 to $0.006.