China and the Charts Bet on Zinc, page-10

Financing, I think JD has got this covered.

'Plan A', if you will, with NFC looks like a go-er, this type of deal is NFC's bread and butter. Unlike other Chinese attempted acquisitions which have failed recently due to capital outflow restrictions, Citronen construction is all about Chinese lending to fund Chinese exports of mine construction, mining equipment etc.

Financing Plan B is outlined in the Company update of 12 April, "In particular the projects location in Europe makes it a candidate for European Export Credit Agency (ECA) financing funding", at potentially very attractive rate of interest.

If needed, Plan C would be "In addition to financing through the NFC assistance, as discussed above, Ironbark is in discussions with major international banking groups and corporate advisors to provided overall banking advice and assistance."

If finance is delayed until northern winter, construction can still start because much of the plant will be modular and built in China.

Sooner the better though......