gmtI think you're missing the point, too.Whether or not the...

gmt

I think you're missing the point, too.

Whether or not the company has the funds isn't the main issue here.

After all, the company will need to pay back this $100 million, won't it?

So, on what basis is this development going ahead -
i.e,
Has the company determined that the grades are sufficient (given the vein widths)?
Has there been a feasibility/scoping study ever conducted (either internally or independently)?

I'd be writing to ASIC asking that an independent assessment be made to determine what the economic/cut off grade is.

An independent assessment may show, for instance, that the break even point/grade, given vein widths, is 35g/T - in which case this is nowhere near an economic resource.
If it's 10g/T , then this would be marginally profitable (before loan repayment).

I'd be writing to ASIC asking that an independent assessment be conducted to determine what the economic grade is.

If CTO thinks this is a goer, then it should finally lift veil of uncertainty - to bring some clarity to this conundrum.