Ann: Razorback Project Update, page-3

Comparing the last quarterly announcement to todays announcement;

"Technical Progress
Saline Water; Confirmatory testwork in progress to support breakthrough saline water
processing method across Razorback deposit; results expected in May 2025"

My reading of todays' announcement says that the results weren't reported by May 2025
because they weren't good enough to support the "Saline water processing method" across all deposits.
"Further flotation chemistry optimisation is required for Razorback ores when using saline water"
On the subject of a second strategic partner for DFS funding,
obviously this project isn't attractive enough for JFE to commit atm.