Yes, I see the REMC supply as a first step to getting some...

Yes, I see the REMC supply as a first step to getting some cashflow to further fund operations.

If they submit the prospectus to the ASX before the end of the year, I can see a bit of news flow from VHM, after IPO.

- AREM DFS
- Updated mining DFS, to reflect REMC & Zircon supply to Shenghe
- Hopefully binding offtake agreement with Shenghe (with some potential funding)
- ESS status/approval
- Grants submission response

And hopefully later,
- Debt/Equity funding arrangements
- Further offtake agreements

This will have to support the share price upon listing.