think, page-11

My gosh ... Panic sets in pretty quickly around here doesn't it !

Look at it this way ..

When obtaining finance to buy a house .. the financier will grant the finance subject to conditions being met - usually the borrower having the capacity to borrow in the first place, servicing the borrowed funds etc then the security having worth ( in this case the potential of the JV actually stiking black gold ) - all of this is based on an undercurrent of risk associated with the whole application. So looking at from Sentry's standpoint - Medina the financier will be heavily scrutinising the ( and probably have already done so given they were prepared to enter to HOA in the first place )projects risk factors , hence probably sourcing as much data from surveying and seismic reading they can get there hands on.
Until all of the question marks hanging over the project are answered, conditons met - then we'll see the JV signed and done ...

I don't think we are that far off IMHO ....

As always .. DYOR

Enjoy ..