Deferred Fees	6 Months Ended
Sep. 30, 2013
Deferred Fees
Deferred Fees	Note 7 — Deferred Fees We incurred a one-time $7.8 million fee to a third party for their assistance in securing an off-take agreement with Sichuan Chemical. In July 2013, we entered into a letter agreement reducing the fees to be paid to the third party by $0.4 million and reduced the deferred fees asset by the same amount. We elected to capitalize this amount and will begin amortizing these fees, if and when, the Company reaches production and over the term of the Sichuan agreement, or ten years. We periodically evaluate the asset for impairment.

Note 7 — Deferred Fees

We incurred a one-time $7.8 million fee to a third party for their assistance in securing an off-take agreement with Sichuan Chemical. In July 2013, we entered into a letter agreement reducing the fees to be paid to the third party by $0.4 million and reduced the deferred fees asset by the same amount. We elected to capitalize this amount and will begin amortizing these fees, if and when, the Company reaches production and over the term of the Sichuan agreement, or ten years. We periodically evaluate the asset for impairment.