My main concerns are not with the funding arrangements so much but with their production post announcements . If i have this correct they we were told they had 200000 of ore stockpiled from previous testing . This was mentioned to have been tested and met BMM's needs and passed this test . Was stated this was a big bonus and could be fed immediately into the plant to fill a 200000tonne offtake agreement . Well i just find it very hard to fathom that from early september to now nothing has been mentioned about this again , only a few small orders .
Thats just my opinion of course , please do your own research .
royalties, page-6
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