Hi @Ekulluke, As per my other posts, they've basically given up...

Hi @Ekulluke,

As per my other posts, they've basically given up 25% for this A$6M. Plus lost title to the two smelters.

So the Project has just been reduced by 25%.

Production seems very distant - the power supply agreement ends Dec 2018.

The fact that no equity raising occurred, and it took debt with transfer of titles, and 6M for 25% (at effective price $0.005) to lure funding paints a good picture of the risk profile involved.

Guess we'll find out come 31st August!!!!