Ann: Request for further Extension of Voluntary Suspension, page-4

it's fully months since we learned from the 8 July announcement that :
Reduced machine availability , and in particular The lack of articulated dump trucks and Unseasonally heavy rainfall....These issues are currently being resolvedThe Company is working closely with Glencore International and furthermore The Company is also working with Glencore to address a nickel ore grade issue.Whilst mining has already commenced in the new Block 11 pit ...the ongoing liquidity, working capital and continued financial viability of the Company is dependent upon resolving the funding arrangements with Glencore.
These 2 week extensions are devoid of the sot of information that shareholders are entitled to know about.
In particular, is this the situation [ of 19 July] :
The project to date has demonstrated that it can operate at the nameplate mining and
barging rates as forecast in the feasibility study provided it has the mining equipment available for
utilisation. After a thorough review of the Kolosori operation, the Company in consultation with its Kolosori
project financier Glencore International AG (“Glencore”) have agreed that the best course of action
in the short term is to reset the project by only carrying out minimal works until such time that the
machine availability issue can be addressed to ensure that the mining rates can be sustained.

But is the situation that Glencore has called a default?
If not , then what initiatives are being explored to bring in a financial partner or JV participant ?