So they basically have a year or so to get further funding...

So they basically have a year or so to get further funding before someone starts looking at PSD to see if it's worth taking it over.
That Nissui investment seems really interesting, in that it's basically their customer backing them, no? Which would be pretty appealing to anyone looking at taking them over.
I don't doubt their intentions to build it themselves, and I'm a bit of a fan of Rod Dyer as their Chief Projects Officer; it shows some serious intent. I had initially thought who would a Prawn Farm work with to deliver an Infrastructure project? Rod answers that question.
But if the business case for PSD stacks up, they already have a potential customer/revenue stream investing in them, the team knows how to deliver infrastructure projects, and all they need is money...why wouldn't this make them an awesome target and a reason for the share price to keep doing well in spite of what happens with NAIF?