big news due anytime, page-4

There is value built into the Newcastle deal. The price is substantially discounted wrt replacement value. This should be a positive for securing finance. Similarly the discounted price for the Hellyer assets means that Bass Metals in unlikely to back away. Again this is positive for securing finance. Finally I believe some operations are ready to go at Newcastle and the INTEC zinc recycling process should be cash positive even at low zinc prices. The company should be able to demonstrate enough cash flow over the medium term to service and repay borrowings.

It all adds together to make a sound case to secure financing for the Newcastle deal imo.