Ann: Exclusive Heads of Agreement Signed with Hyundai Engineering, page-29

Yes ...that's an important observation , as part of the Announcement , Jacob
as we continue discussions with
Korean financial institutions to fund the development of Dubbo.”
Hyundia has an exclusivity period to the 31st March ....and ASM state they want to award the FEED by the end of the first Quarter .
Same time frame .
Reading between the lines , the discussions for funding with Korean Institutions are at the very pointy end ....with the conclusion likely to be timed with , or very near , the FEED announcement .
So 31st March only 5 weeks away .
Might also be "timely" to bring in an Announcement confirming the EFA funding of ( memory ? ) $250m (?) . That puts most of the bells and whistles together ...whether more capital needs to be addressed , as far as the timing of further expansion plans and a CR is warranted to "top up"...will be a question of what funds the Korean Institutes put forward , and cash flow projections from the KMP .