Looks like at least a part of the FEED process has been worth it with these significant improvements in the DFS.
From the DFS annmnt.
"DFS updated outputs have been extensively reviewed by Yantai JinPeng Mining Machinery Co. Ltd (Jinpeng) and Verum Projects and Engineering"
http://tritonminerals.com/wp-content/uploads/2023/05/20230428-Quarterly-Activities-Report-for-Period-Ending-31-March-2023.pdf
* Front End Engineering Design (FEED) contract awarded – subsequent to quarter end, Yantai
Oriental Metallurgical Engineering Co., Ltd awarded the contract for FEED works for the processing
plant and associated non-processing infrastructure for the Ancuabe Graphite Project
FEED works to be completed in Q2 CY2023, with the aim of enhancing the design of the processing plant, thereby
reducing risk and targeting a reduction in the associated capital expenditure.
So it looks like a major aim of the FEED process has been completed and this should hold particular importance for reducing risk with regards to any further finance being sourced for Ancuabe as YOME r already present in Mozambique completing another graphite project.
Like U say Coads, roll on the finance.
Gr.
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