I read that report very late last night, so perhaps I missed...

I read that report very late last night, so perhaps I missed something, but the report mentions the need for capex for a new crusher and scrubber. Page five states:

The only
modification to modifying factors are operating costs based on new capital to be spent on a
permanent crusher and scrubbing plant, and minor enhancements to existing plant, to enable the
Kipoi ore to be processed in an optimal manner. Capital and operating costs for the new “front end”
were developed in a definitive feasibility study that was completed by GR Engineering Services Pty Ltd
(GRES) in 2017. These costs have been further reviewed by NewPro Consulting and Engineering
Services Pty Ltd (NewPro).

and on page 40 states:

"Capital and operating costs for the new “front
end” were developed in a definitive feasibility
study that was completed by GR Engineering
Services Pty Ltd in 2017. These costs have been
further reviewed by NewPro Consulting and
Engineering Services Pty Ltd (NewPro). With
respect to metallurgical factors, NewPro have
revised the test work completed since 2012,
including the major work completed at Mintek
and interpreted by Miller Metallurgical
Services, which forms the cornerstone of the
contemporary work."

I can't find anything in the report however that quantifies what capital they will need to get this new front-end processing built and what working capital they think they will need to get mining underway and operate the plant to overcome their cashflow challenges. So we still don't have a clear picture of what money is required to implement this plan let alone where it is going to come from and whether the lenders are on board.

To inject a bit of unwarranted optimism into things, there is an article in today's AFR titled "Why this billionaire thinks the DRC is set for a copper boom" which states "Chile's worst civil unrest in decades means the Democratic Republic of Congo is a more attractive proposition for mining investment, according to billionaire Robert Friedland."