They only have a problem is financing (not permits).
I don't think they will get the money from a banks.
I hope they are considering company equity in exchange for financing like on this recent deal:
"Equus acquires coal assets in Chile for A$200 000
http://www.miningweekly.com/article/equus-acquires-coal-assets-in-chile-2014-05-23"
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only problem is financing
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