Undervalued or overvalued?, page-46

Exactly - if the situation seriously deteriorates further there will be great difficulty getting your money out of banks (remember Cyprus) and almost impossible to get a loan. Now the sceptics out there will say "but why will they give a loan to RED but not to you or me" ??
Answer: with assured gold production (aka old money) a lender has a high degree of certainty about getting their money back, plus interest, whereas the average punter is wondering wether they'll have a secure long term job with adequate pay to fund a mortgage in the most expensive property market in the world (relative to income). Remember, now that RED has more than enough funds for the finalisation of the FFS and early project construction, a lender has a clear line of sight to an early repayment of the loan .... and let's face it, in a depressed economy there'll be a dearth of high quality credit worthy loan candidates.