I feel your pain, however they do have financing offers on the table. Their major shareholders recently kicked in circa $10m to allow financing process to continue.
I think we will get FID this quarter like they said. Not long now. I will be very disappointed if they extend this because the majority of the financing they already have in place is contingent on them commencing construction this year. They would not want to go and re-negotiate those existing financial agreements. Their cash balance runs out in Nov also and I think it will be difficult to go back to major shareholders and ask for more. It will get done.
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