"However, what really concerns me as well is the funding of De...

"However, what really concerns me as well is the funding of De Witts based on the preliminary draft of the BFS. Mainly because the cost base changed so dramatically in the ASX announcement of 28/11/11 from what we were expecting. That and Conti have hinted in several articles that ABSA have already made approaches to funding De Witts – I bet they have!".

Yep. This would be the big concern to me. ABSA arranging finance so De Witts goes ahead and all and Sundry get their fees/ kickbacks/ interest etc. That's all well and good for them to get a mine up and running but it's no good for shareholders if the return from the mine is not there!