So if ROY does not finish BFS by early 2017, mining right revert...

So if ROY does not finish BFS by early 2017, mining right revert back to Mintech?

Once finished BFS, ROY will need to pay $20m to Mintech?

Maybe investors are worry about tight schedule and $20m payable to Mintech. I know early 2017 still long way, but where is ROY's PFS after so much delays.

Also BFE is very expensive to fund could cost $50m or more in some cases. So you really need a generous JV partner to fund BFE fee & $20m payment, & running cost.