Ann: Mitsubishi Funding & MoU Update , page-31

tpcs, possible site visit reasons:
off takers (for 20% of the stockpile and 50% of the hard rock), equity financiers, debt financiers, investment analysts, general promotion within the industry etc etc

Mitsubishi money IS slow, but other posters reiterate this point regularly: doing business with the Japanese takes time but pays dividends. And if the eventual financial package is significantly better than industry standard at the moment (given the perilous state of capital raisings in the resource market) then the wait will have been worth it.

I continue to support the way this management are going about it, notwithstanding the fact that the pace of dealing is frustratingly slow.