NRC funding ... ... the new contribution agreement was announced May 25 and proceeds targeted to be used to produce an improved Lithium Manganese Dioxide.
The first contribution stemming from this agreement ... recorded date 2012-05-15 ... was for the amount of $33,750.00
Previous agreements have consisted of a number of contributions spread over time.
I think investors should relax a little on the funding anxiety for the short term. The NRC contributions appear to be sufficient to get it done on the battery powder program with contributions coming in sizeable tranches.
I would suggest there will be an announcement of another tranche being forwarded in the near future.