Funding logically would be finalised after BFS and mining approval.
BFS should be close. Does the BFS feed into the mining approval at all in terms of planned measures the company will take to address various issues surrounding any mining project?
Mining Approval is the primary uncertainty. Do we have a deadline/date for a decision? Recent reports on community support are encouraging. This hurdle, once jumped should unshackle the value inherent in the project. Until it is jumped doomsayers will lurk and capitalise on the uncertainty.
RXM Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held
