Maybe they're referring to this from the annual "...NFC to complete its due diligence and engineering work with a view to having the Feasibility Study in a Chinese bank friendly format. The NFC study is expected fairly soon and will be reported to the market in due course".
I can't see NFC low-balling this with the booming Zn price and competition to finance this project. IBG should follow through on the NFC agreement, provided competitive terms are extracted.
