I would be very surprised if the equity portion of Epanko capex...

I would be very surprised if the equity portion of Epanko capex was funded through cashflow. I would be delighted to be wrong though.

What today’s announcement does do however is it completely changes the economic robustness of the downstream processing facilities. The financial model (of the downstream DFS) will need to be updated to reflect the additional revenue from fines production. It’s going to be impressive!

Hopefully an announcement on who we will be collaborating with (on the first Euro processing plant) will come before late October.