Ann: $5 Million Government Grant, page-47

I have to agree with PieCharts analysis on the pie charts. Apt name and apt chart.

We need (I really really want) a prepayment to change the state of play.

I hope this is not the case but I wouldn't be surprised if credit approvals are delayed (maybe even strategically by Qpm) to see how attractive the energy project is (as they planning to increase produ by 6 months - that's end of year). If good, helps with serviceability of debt and therefore higher debt ratio. Just a thought - but maybe not as another delay would crush the share price.