I'm trusting they can get part of the funding from a prepayment facility for Federation offtake. If the gold price appreciates like some think it may, hopefully Dargues can stand up (for the first time) and the gold rich parts of Federation can be targetted early. I'd like to see them take on some risk and bet the company on Federation. Otherwise, there is not much left to hope for.
Ann: Organisational Update, page-4
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