I'm thinking more positively. As well as the debt funding the mining contractor is being selected.
Whilst a CR is not out of the question it could be that the preferred mining contractor is sweetening his offer with some very favourable payment terms which allows a lump of the pre-production capital cost to be paid post production out of revenues.
The slides which show the cross sections of nugent and the south hub lodes with the drill hole results paint a very positive picture of the extent of resources that are not in the MRE
.
The current MRE is the proverbial tip of the iceberg.
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