I agree. A strong DFS, which now seems highly likely, will make...

I agree. A strong DFS, which now seems highly likely, will make for much easier funding, especially through any potential equity partners and banks or NAIF. Hopeful any future CR will be minor by comparison so we have less "sophisticated" investor types buying with the intention to sell on market for a quick profit. Thankfully we have a strong cash position, enough to last for at least a year of working capital requirements. I doubt they will need to run the pilot plant beyond this qtr or next, in which case the cash would last longer still. By then, funding should be well and truly finalised. More R&D grants will also help.
Markets are weak again today. There are a lot of stocks that I wouldn't want to be holding for a while. Airline, tourist sector, manufacturers that rely on imports. These are at risk of declining earnings for a while yet and the market is now factoring in a significant slowdown. The US market is now down 10% already. Markets will probably bottom when they have factored in the likely impact. Whether they decide 10% or 20% is the likely impact, no one yet knows. I still expect impact on A4N will be quite minimal, if any at all, and yet A4N has corrected 27% from its recent peak. I'm guessing that's enough for A4N but you can never know how traders will react. Hopefully the traders are all out by now.