Ann: Completion of Independent Engineers Report-KNL.AX, page-41

Pavbar and others have mentioned it before but, but it's worthwhile bringing up the last CR again...now the $0.20 options are in the money and need to be exercised by August?...great work Andrew and team, only caused minimal dilution with your strategy, as some events have materialized since the CR announcement 22.Feb'16, might be worthwhile reading the announcement again:

http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw

Epanko has an estimated capital cost of US$77.5 million, of which US$40 million is expected to be funded by the KfW facility. African resources financier Nedbank has given Kibaran an expression of interest in respect to providing a further US$30 million debt facility.
Completion of these two debt facilities will pave the way for Kibaran to secure complementary project equity finance.

Interested to hear everyone's interpretation of the last sentence (underlined)

KNL 183 Mil Shares on issue