They have said $35mil to allow them the facility to raise extra...

They have said $35mil to allow them the facility to raise extra $10-15mil at some point down the track rather than having to call another General meeting tk get a placement approved. While it the raise/raises over the coming months may dilute- I believe this is the last funding component we will see from the company in terms of equity and shares being issues in a placement. Whatever money they raise for working capital will get them to the feasibility study(end of 2018). From there you will have a bankable document that will attract financing ie- debt (non-dilutive) for the construction and running of Bawdwin until they get cash flow positive. With very sound project economics and a payback period on any debt of 2-3 years, investment banks bidding to provide the debt to MYL- it will likely be on very good terms. DYOR. W