I am guessing at a minimum an announcement of shortlisted...

I am guessing

at a minimum an announcement of shortlisted banking groups who are moving to finalize their term sheets and DD over next few weeks (mid-Nov) for draw down late Dec

at a maximum credit approved term sheets with DD complete and ready for draw down in late-Nov

either way progress looks good and absent any long tail events such as thermal going to $60p/t or licences being revoked or civil unrest this should start to be reflected in the SP

if banks were getting nervous of sov risks or thermal price weakness and were stepping back from the PF facility i would hope mgmt would have flagged this already given how long banks have been looking at this - i dont think this is likely but anything can happen

any way GLA