2IC, you seem to be up with all the detail. I'm trying to research exactly what milestones (if any) need to be reached to access the NAIF funding, and how the amount available will be effected by postponing the Onslow leg of the project - maybe you can help.
Funding for stage 1 is probably more relevant than traders/investors bailing on the Onslow deferment, which is where the above graph departs the narrative. My gut feeling was they were always overstretched here, so this represents a buying opportunity for the patient.
Ann: Investor Presentation Macquarie Critical Minerals Forum, page-3
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