It's hard to imagine anyone providing finance waking up one day and seeing the price of silver has shot up $5-$10/ounce and thinking to themselves "hell, why not just open the cheque book", especially given the daily price fluctuations.
We need to work on the basic economics of the project, the stuff which is tangible, not relying on external uncontrollable factors, we need to decrease our costs, bringing forward income, extending mine life (so we're hopefully in production during one of those elusive boom times), get some solid commitments for off takes, hit some milestones.
I'll be taking up my allocation, however it's not much.
How likely is it that BML will build a mine??, page-6
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