I hope for the best, expect the worst. We may see BLK taking a...

I hope for the best, expect the worst. We may see BLK taking a gold loan with Orion, i.e. upfront cash and repayment in gold, plus some ounces in interest. Such an arrangement would stop any further talk of a capital raise which I think was unjustified anyway. The gold loan could be a replacement of the off-take or in addition to it. I think BLK will be very keen to lock in a price above AUD$1,700 so we could see it as early as next month.