Well mtm, I wish you are right and my gut is wrong.
Time will tell.
As I said, personally I am expecting an equity component in the financing mix. If my gut is correct then I hope that there will be a discounted placement for holders like myself. And I also hope that the placement will be to a cornerstone investor (Glencore?) rather than a broker-cum-vulture who will flog the shares on market.
Also keep in mind that non-dilutive financing is a two-sided sword since it brings with it a debt (and interest) burden.
Managment has been diligent so far and there is no reason to expect less for the weeks to come.
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