funding ablation and hansen

A few in the past have questioned BLR's ability to fund Ablation and the Hansen/Taylor projects.

Is there any reason to believe BLR can't secure a credit facility of $100 million,if BLR has secured a long term contract for Ablation and has been granted a permit to mine?


An example below:

US$300 Million Credit Facility with Wells Fargo

Sundance Energy Australia Limited (ASX: SEA, Sundance) is pleased to announce that on 31 December 2012 in the US it closed a new US$300,000,000 senior credit facility with Wells Fargo with a five year term. The initial borrowing base amount, based on an evaluation of Sundance’s proved reserves as of 30 September 2012, is US$30,000,000, of which US$15,000,000 was used to repay and retire its outstanding loan with Bank of Oklahoma.