The way I see it,the project can not go head without permit,but it can go head with all sorts of investment，equity，off-take deals and debt，CR.SH do not investment solely on a cornerstone investor but also hinge on if the project can go head，and fast.
Now the construction will be commenced right away.Even if Pak has a second thought,the company will do a small CR(same as cornerstone investor without the danger of being pulled out)，the project go ahead anyway.Same as last time when they do a CR at 1.5c,the SP going up ward afterwards right away.As long as the project is going ahead,SH are more than happy to oblige.There were so many specs going from 20m MC to 5-600m since last year，few of them have cornerstone investor backing them up,most of them went through the growing pain of CR and SP going up after the CR anyway.
