tranche 3 funding in time one now fully commit, page-79

"It is important for us to finalise commercial terms with our investor group not only for the
balance of the $30 million, but importantly also for future development needs for Pluton’s projects. This
has taken a little longer than we had expected".

"future devopment needs"- This could be over 500M. Not a small amount to be trying to get a future commitment. It makes sense that investors would not put in 30M without reasonable confidence the development capital can be raised.

I can understand the delay. The danger is that if development capital cannot be found, the 30M may also disappear