announcement, page-94

From what ive read in recent announcements the company has sufficient funding to get them through to the final payment for Deflector. This included the resource upgrade and the Feasibility study, as well as some minor drilling program.
So i guess it all comes down to what these announcements prove up, the change in a the SP as a result and then what finance arrangements they can pull as a result.

Id suggest that its looking more and more like finance will need to be a hybrid of bank finance and cap raising. If the SP is much stronger it will bode well for both bank finance & Cap raising because we wont get too heavily diluted.
Ideally if the SP really rallies we can negotiate just bank finance, but in this market im sure the miserable thieving banks will want to have absolutely zero risk and take a big chunk too.