42m at 44g/t - on the radar, page-142

"The MINIMUM it would cost is around $50 – 60M for a plant, permitting, camp, infrastructure plus working capital (permitting alone can cost over $2M)."

Nabaru, the scoping study came up with $27mill for plant and infrastructure.
I would consider that a more accurate min figure than $50-60mill.

You mention permitting and working capital.
I would also add exploration and admin prior to mining to that list.
However lets not forget we hold over $20mill cash still.

I think that will cover everything including working capital assuming we get into production late next year.

So I don't see the need to raise more than $27mill (call it $30mill), and half of that if not all could easily be bank financinced if the company chooses considering the projected cash flow just for year 1 makes the $27mill look very modest.

Someone else mentioned 100,000oz per year. That might be appropriate after the first couple of years but lets not forget the scoping study targets 261,000oz (130,000oz ave per year) over the first two years. They should be able to maintain that rate if the resource grows enough to justify it.