Ann: Sconi Project in Due Diligence Phase for NAIF funding, page-225

"NAIF funding is a bonus"

NAIF funding is never 'a bonus'. NAIF funding is only provided if the project is commercially unviable, at least in the commencement phase, such that there is insufficient commercial funding available but where 'public benefits' are deemed to offset this.

NAIF's stated objective for each project is to provide zero $. It will work with projects and potential funders to achieve this outcome. It will only provide $'s as a last resort to get the project up - and only where the (non market) public benefits justify it and where the project meets its risk profile.

The very fact that NAIF is now in the mix tells a clear story. But, sure, ignore all that and just wait to have it confirmed at the AGM in late November.