the operational update said no capital raising till after September quarter if you can believe that.
also from the operations update:
Avenira’s primary objective for the next 12 months is to advance the development of the YellowPhosphorous metal project at Wonarah with strategic partner Sichuan Hebang BiotechnologyCorporation Limited (Hebang). Upon Avenira receiving the Hebang study which is expected to bereceived during April 2024, the next key step will be the review of the study work undertaken byHebang followed by commercial discussions for the development of the Yellow Phosphorousmetal project.
so maybe the rise could be in relation to commercial discussions about the YP plant development
Phosphates news, page-94
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