Ann: ENGAGEMENT OF GERMAN STRATEGIC ENERGY INVESTMENT ADVISER, page-18

JNRB , EMH is not forking out any money , all they are doing is offering " The options to be issued to Luthardt Investments are unquoted and are exercisable at AU$0.80 each
on or before 30 December 2023, subject to the following vesting criteria:

It is weird to say the least , so the first tranche looks to already have been done I would say , because there really is no value in the option because you could buy on market at 76 cents yesterday . The second tranche is a little bit more exciting and six months to do something about extra production , ie " formally support an increased production plan " , Mmmmm sounds like to me a new offtake agreement maybe directly from German Gov . The French Gov did something similar 6 months ago