KNL MCAP - Diagram of Progress, page-66

Just had a Cap Raise, so wont be till after finance... Most likely once finance terms are known, the equity part of the mine development costs will be raised ??

My 'guess' is that the finance draw down will not commence until we have spent a good chunk of the equity up front... Anybody have any "actual experience" in finance in this sort of arrangement..?

Note in advance - not interested in ramping (up or down) or hearsay... I can have my own guesses... Just looking for "actual knowledge" of similar approach to mine development...