Ann: Strongly Supported Placement to Raise A$4.3 Million, page-11

All bodes well for now. Funded to DFS and very promising further rutile works.

By years end this will be complete with a binding logistics agreement next and possibly non binding off take agreements to be finalized at completion of DFS and mining license.

The only road block being election and current or incoming govt. Honestly Mutharika has taken eternity to pass the new mines and minerals bill and still - apart from that Nyasa Times article I can not see anywhere that he has assented/signed off to it.
What result positive or negative can a new govt bring. All the banter with less than 3 months to election is personal attacks and other parties have stated little on actual policies - with Muthy one knows what one will get (which is not ideal) but the others who knows.

If we get a pro active govt (not the current snails pace one) all will be fine. The company is in great position for progress at years end and that progress with a pro active govt should see the SP around 30c.

Just my view.