Ann: December 2017 Quarterly Activity Report and Appendix 5B, page-5

They are still waiting on the bureaucratic process of transferring the land rights to the newly formed company, before they can activate the loan agreed with Coris.

I'm surprised things still take so long considering the government now have a legal stake in it now.

Reference:
https://www.asx.com.au/asxpdf/20171214/pdf/43q5g4hwm69g75.pdf
14 Dec 2017 Makabingui Exploitation Company and Gold Deposit Extensions
"All the titles to the Makabingui gold project can now be transferred to the exploitation company which will enable the project finance package from Coris International Bank to be implemented."