Not sure where this fits in the current discussion and poor...

Not sure where this fits in the current discussion and poor sentiment towards ASM, evidenced by the real lack of tangible and quantifiable news on the KMP and , in particular offtake Agreements and the advancement of discussions with overseas interests , particularly Sout Korea and the USA .
However ... this Link is a reminder , that the Australian Govt launched a "discussion paper " Critical Minerals Funding Programme "in early Dec 2022 , which :
# is for funding for succesful Applicants , for a grant of $1 mill to $ 30 mill
# From a Fund established with a value of $15 Billion
# Applications close , in a relatively short time frame , on the 20th Feb 2023
# Discussion sessions have been arranged with the Dept of Industry , Science and Resources on the 25th JAN and the 1st Feb
https://business.gov.au/grants-and-programs/critical-minerals-development-program#check-if-you-can-apply
Whilst funding , even at the top level of $30 mill , would be "meaningful "for ASM if a successful applicant , would be a drop in the hat as regards Fuinding the Toongi Development , it would signify a couple of things :
# it would demonstrate in a tangible way , the Aust Govt backing
# in turn ,,,that should be highly interesting and persuasive , to the Korean and Us Govt , as well as private enterprises with existing Govt backing .
We know the ASM Chairman and former CEO attended an Australian Govt Trade delegation to Washington 3rd term(ish ) 2022 ...so some of the gears have been already greased , leading up to the current round of Internal Funding !
Whilst too premature in the coming Jan Quarterly , to give any signs of being a successful Funding Applicant , it would be nice to see the recording of ASM's Application ...amongst other positive tangible and quantifiable news !

There has to be a realization by the Board and Management ...that you need evidence that the recent capital raising at $1.73 ...has to now supported . I remain of the view , that having BELL POTTER behind the raising , to Insto's and Sophisticated holders , was done with a very strategic purpose in mind , and particularly sound reasons were given that the price of $1.73 represented excellent value , in this climate where strategic minerals and an exit from a China Reliance is all the rage !
Lets see what develops ..AIMHO