Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced, page-14

"The assessment fee for a major project mining application (capital cost of more than $1million) is based on the capital cost of the project and the project’s location, and is currently capped at $250,000. The cap comes into effect where a project has a capital cost of more than $100 million in a local government area or in a reserve established under the National Parks and Wildlife Act or more than $200 million outside of these areas.This cap will be increased to $500,000 from 1 July 2024.This will have a flow on effect to application fees for Programs for Environment Protection and Rehabilitation (PEPRs), because the initial PEPR application fee is set at 50% of the cost of the relevant mining lease assessment fee. The maximum PEPR application fee will increase from $125,000 to $250,000"

If they submitted the mining lease when they inititally did the capital raise for it they could have saved a substantial amount of money!