From the 19th December announcement:"The company plans to issue...

From the 19th December announcement:

"The company plans to issue the new shares and new options pursuant to the underwriting agreement early next week."

That is, before Christmas. But all they issued were the shares to Sinosteel.

And with all the political plays about funding in China, I'd be more concerned that the $100m from Minsheng might not eventuate. It should have been in place by the 1st November, according to the 18th October announcement.