Finding a bank or investor to loan $30mil with interest rates under 1% for a commodity that has been used for thousands of years, and the importance of which has not diminished and will likely only increase in the coming years will be easy and
@Feral54 probably the reason no update has been given.
Once the BFS is out they will sure up finance within a month, and no doubt are already discussing with a number of lenders already.
The only money they need now is to get them to July, which is to pay for consultants / prep works. However, I think they still have circa $1-2mil left in the bank so they may not even need a CR if they are getting $30+ mil in July/August.
And as PH pointed out, a JV may be in the works for Mount Cecelia. Although I would prefer we go it alone, as given the big finds around the site, I would not be surprised if that parcel alone could be eventually company making.
Good news is a lot of the above queries should be answered in less than 4 days.
