Ann: AFC investment update, page-9

Maybe the conditions precedent are a smoke screen. What conditions could not have been met yet???
Reading between the lines, from the announcement,
"AFC’s support of the development of the Colluli Project remains firm. As Danakali’s largest shareholder and one of the two mandated lead arrangers and lender under the Colluli Project’s US$200m Debt Financing, AFC is in discussion with Danakali with a view to finding a funding structure suitable to both parties that will ensure the commencement of construction of the project as soon as possible."
I think AFC just want a bigger slice of the pie.