Millions in the bank is not what this is about, $270M in the...

Millions in the bank is not what this is about, $270M in the bank already with 2 CR in 2 Years, Lynas got $550M CR and blew the lot in 5 years with massive cash burn and shares collapsed. This is about building infrastructure and the mine to open now, multiple CRs and DFS in coming 2-3 years. Bank finance guaranteed but the terms of it very important, prefer Oz bonds than US Yankee junk bonds, interest rate likely to be high as no income yet and large capex needed. Rating of bonds/debt needed from Moodys or S&P now to ensure competitive interest rate.

If finance comes in next few months at $500M at better interest rate lower than Junk bond rate and a rating of BBB- then rate likely of 4-7% which is a great return for a bank/bondholder getting their cash from US Fed at 0.2% Its all abount lower rate and starting the construction and building the mines now.

I expect a pop when good finance terms announced and then skim profits at $5-$6 and keep half until mine opens unless Nickel drops or stock crash happens (unlikely till 2015/17 when global rates spike) then put half into cheap emerging respected juniors like POS (where Robert Dennis is also a director supporting his old boss Andrew Forrest) or MCR or even KIN where another common director is from SIR.