the game afoot., page-12

Hoot, I typed up (but didn't post earlier, as this is conjecture. Prefer direct questioning (AGM ?)

I suspect it's a plan B as you suggest to finance - just in case $105M falls over.

Safer now, then to negotiate finance under duress

Separately, on the radio this morning that an Australian mining group in China looking for funds came away empty handed, signalling a shift significant enough to make news...

My second guess would be project scope creep or change to logistics - port facility may have other small miners want to use, X-men agreement may fall over, or the $15m allowed for (09 or 10 ?) may simply not be enough..

My third guess would be another "opportunity" has come up in which CDU management want to get involved with.

Pure conjecture, If i was in clown curry, I'd ask at the AGM