Ann: FIRB approval received to increase substantial holding, page-15

I’ve given this some thought and must agree. Assuming Hank and Pegasus do proceed to increase their holding as per the recent FIRB approval then that would be effectively tripling-down on their investment while inputing operational capital into Amaero and I note that Hank is focused on getting Amaero through the next period, possibly to end of 2024, without seeking to raise more dilutive operational capital. I have to conclude that Hank must see the $300M funding event as being of a very high probability. He is not driving the share price down for a takeover but seems more likely seeking to build a global company that can more easily raise market capital from Australia and the USA (dual listing) as needed to fund further projects such as vertical integration in Titanium supply