Hi Vendor, Not sure what your agenda is but I think the papers signed would be the actual loan terms agreement ( if and when the loan is needed ) and not that they already have plans to draw soon or that trail mining has stopped. Of course I could be completely wrong but at the end of the day they are paid to manage so I'm happy to let them manage, if they make the call to draw the loan next week or next year I'm sure there would be a good reason why so lets back it.
And sorry to bring this back off topic...just been reading about GBG and the problems they are having with their plant. Now they have spent billions, yep Billions trying to process magnatite and have still got big problems, ABU has spent peanuts on a plant and are sending kilos to the mint every week and are not even officially mining yet!! It seems management are sticking to the KISS principle and that makes good sense to me.
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