Strong start. Poor finish.
"IDC process is 3-5 months from the point of submitting an application for funding. Highly doubt IDC give a written expression of interest prior to starting their process."
I listed the steps and having both raised and allocated finance in the past, the Due Diligence process is the longest step. Why? Those allocating capital or other people's money want to cover their butts.
"WWI have been talking to financiers since October 2021"
WWI appointed advisors in October 2021. Do you know the advice which was given to WWI? Could it have been strengthen your studies before approaching financiers?
"Maybe another ~2 year wait for another 'expression of interest' if this one gets cooked."
Laughable. I get the feeling you just try to think of something bearish to write
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