Ann: Hartshead Completes Transformational Farm-Out Agreement, page-3

“...The completion of our FOA with RockRose Energy represents a significant milestone for the Company, as it not only derisks the project but importantly, with the ~A$148 million Phase 1 CAPEX contribution as part of the divestment, combined with the cash position of over $35 million, Hartshead has the equity funding required to meet the Company’s share of non-debt project development costs for Phase I. Retaining the EPL tax benefit to Hartshead takes the gross consideration for the divestment of Phase 1 to A$196m, which is an outstanding achievement for our shareholders. The Hartshead team is advancing the project work streams with completion of FEED and FDP imminent and our FID planned for Q3 of this year.”

Excellent, and nice to see a little nod there to (long suffering) shareholders. Many companies forget who their primary responsibility is to.