Ann: Quarterly Cashflow Report , page-7

It's hard not to imagine the government putting this one through as they want a piece of the mining pie and can probably see the long-term picture with IFE if they can actually become operational. Given they already approved all previous submissions I doubt the government is going to suddenly block the option of a stockpiling facility at the port.

The real dent in the plan is money, you can't do anything in this game without it. If what Mencel has told someone on here via email about obtaining funding is true then that could be all we need to be a producer by years end. However we've all heard their stories before and as it was via email i'm certainly not getting out the party poppers just yet.

If its coming from Mencel i'm more inclined to believe it whereas if its from IF he probably means debt funding of $20 from the local pub.

Honestly the whole IFE process in the last 18 months has been an absolute shambles, however Mencel has the opportunity to rectify that, I just hope he does over the next 12 months and were producing by Christmas. However I'm not racing out to buy a litre of 12 yr Canadian Club to celebrate as thats still a long way off.