Anyone saying that this project is a dud and is uninvestable a.) Probably invested pre: 2012 and is nursing a sore behind and b.) Doesn't actually understand the lifecycle of a mining company.
Yes, the immediate future rests on EXIM funding and there tonnes of reasons why this is looking extremely likely a.) LoI from EXIM was offered way in advance of feasibility studyb.) Recent board changesc.) Reserves are one thing but wider resource (M&I and Inferred) plus the wider license area would indicate a mine life in excess of 20 years
Of course there is always a risk but for me this risk is worth taking and for some of the posters on here if you can't afford to lose it don't invest money!
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