Environmental PermitsThe environmental impact assessment process for the Mauritius BAF remains ongoing, creating uncertainty regarding the required permits.
Financial NeedsCurrent cash balance is approximately US$11M, and it is expected that NEXT will require additional funding in the near term, assuming a US$10M equity raise.
Operational ChallengesThe company continues to experience ramp-up challenges at Molo and is working to stabilize and optimize plant operations while balancing ramp-up with market demand.