Yeah, I read it as the same.
So, I'm expecting another announcement that tells us who the new investor group is, that they are paying the remaining $15m of the Timeone Tranche 4 amount, and that they are providing an additional level of funding to develop Cockatoo.
Clearly Timone would not have paid the $3m today to bring their total commitment to $15m unless the rest of the deal was falling in to place.
I'm still confident.
Cheers
Badfish
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