RE:False impressionsWith the last reports I've read they still needed this financing to have the full amount to take Thacker to phaze one production witout further dilution.
After that production should be able to pay for phaze 2 ramp up.
Although its a bit of an abrupt setback, they still own 100% of the play and the economics of this project are very profitable, and by the time it gets to production we should be able to see better prices for Li.
I'm a buyer at these prices this AM.. ;-)