Ann: Trading Halt, page-41

It has only taken eight business days from the signing of the MoU for Chemphy to participate in the capital raise. Does this indicate that progress is being made swiftly and that the signing of the binding agreement might occur sooner than expected?
Constructing half of the project to date could be advantageous as it enhances our bargaining position to seek new agreements, similar to the recent one we've secured. If we have conserved cash since the last Glencore agreement, we would likely be positioned below 30 cents in the current market. If we do eventually receive the prepayment, do you think it will be feasible to raise US$60-70 million in the current depressed market conditions?