"To fund ongoing working capital requirements of the Company and...

"To fund ongoing working capital requirements of the Company and towards advancing its cobalt projects in Africa."

Is this what TS meant by funding from off-take agreement and no dilution? (Quick 3% dilution does count)

Out of cash - no one wants to buy our mythical cobalt to the point, we hired a semi-retired Brit to shop it for us - now back to the dying cash cow to see if it can squeeze out another bucket of cash to keep TS paid for another quarter.

Apologies in advance to those who only deal and read sunshine comments - when positive announcement arrive, so will the comments.