If I was a director and had some skin in the game and was supremely confident of some good news over the next 18 months I would not be too fused about going back to market again. Right now funding are primarily for the pilot, 18 months time funding requirments are different.
Conversely, If I was a US investor thinking about the IPO and putting money on the table I would dip the toe a litlle before going all in. Soverign risk is real in Australia and new. That risk will reduce though the closer labout gets being to loosing a federal election, NT Labor fully supportive of the project, QLD labor about to be smashed (pipline needs to go through them to gladstone or sydney)
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