I'm guessing they are waiting with fingers crossed for the grant...

I'm guessing they are waiting with fingers crossed for the grant and will they try and use the rerated share price for another capital raising before drilling.

I dont think they have secured a drill rig yet have they? Ideally they would do this before mid Nov to give them a better shot at the grant.

Notably the REDP grant which was due in Mid Aug still has not been announced yet. Wheels turn slowly in Canberra a guess. A 1 month delay in the GDP grant will take us into Christmas and the wheels will grind to a halt.