Date stamp of the commencement of dump is 13/11/2023Pretty much...

Date stamp of the commencement of dump is 13/11/2023

Pretty much means these guys are https://hotcopper.com.au/posts/70605850/single dumping the stock as soon as they get it.
Which might be some sort of threshold calculation of redemption overtime (or net settlement of an external market), but doesn't exactly function if everyone is already full on EPM stock, and waiting for Oz Yellow patiently for last 3 years. I've discounted the external market because the dumping occurs with or without good news.

If you look at the Oz Yellow - Corporate Presentation - they are supposed to drill Devil's Elbow in October 2024, which appears to be the fastest way to getting an absurd JORC on the scoreboard.

So likely we will see the end of the above dumping once there is a trigger event like the Oz Yellow deal, they will probably dump into the spike and not wait for the distribution value of 25%+ (at current share price range). (which is scheduled for May 2024, according to the corporate presentation).

Interim Report shows there is about ~$600K of capital that can be drawn from their facility - but there is a mandatory draw down it appears they were allocated 62.5M for peanuts recently.

So a lot does not make sense at the moment - after one obstacle is sorted, another is invited into the hen house; and that is pretty much EPM.