I think this is a fantastic announcement, and shows Grant's...

I think this is a fantastic announcement, and shows Grant's vision and leadership.

It is a solid commitment to TIVAN being the business's core, and to development of the Darwin facility.
It's not really a $20m deal - it's $18.6 at current share price. But the 10c valuation might help anchor future raises.
It puts the cash spend up to 12 months away - and it's dependant on a successful cap raise.
This year's CR will have a clear investment thesis - not just more cash for management to kick the can.
It's great for negotiating with NT Gov. It shows commitment, and suggests how they work with us on the TIVAN facility might influence whether we develop Speewah or Mt Peake first. And that the facility will be in Darwin for the long long haul.

I expect the next announcement will be related to SMS, and then a CR. I'm optimistic that the CR will be at a premium.

Great stuff. Starting to get excited about this again.