his is very good news.Almost all the sell orders at 0.5c have...

his is very good news.
Almost all the sell orders at 0.5c have been traded.
The signing of two offtake agreements also means that the company has secured prepayments of approximately $20 million to $25 million.
The reason the stock price hasn’t risen significantly lies here:
If the prepayment is $20 million, the company would need to secure an additional $10 million through loans or a combination of loans and equity issuance.
However, if the prepayment exceeds $25 million, the company could complete its funding solely through loans.

This is a significant step forward, and the fact that two companies have signed agreements indicates a certain level of confidence.
The first offtaker, likely responsible for $10 million, probably waited for the second offtaker to emerge before finalizing the contract. With the second offtaker secured and the funding amount confirmed, the contracts were drafted and signed.

The likelihood that the prepayments have been secured to a level that makes the mine construction highly feasible is very high.