Westmoon,CVRD (Inco) are not involved in Jump up Dam and as far...

Westmoon,

CVRD (Inco) are not involved in Jump up Dam and as far as I know they were offered to participate in the first instance and declined.
Recent funding came mainly from BHP and Royal Bank of Canada @ $1.20per share.

Further funding/capital raising for the Jump up Dam project will be required. Somewhere around $300 million I think is around near the mark as the acid plant will be the major cost.
Heron do not see any problems in raising this money and it appears that both BHP and the Canadian Bank like the Jump up Story.

As can be seen on HRR's website:
www.heronresources.com.au
Sulphide targets are numerous and I think that Heron had put exploration on hold concentrating on Jum up Dam.
The last quarterly makes mention of sulphide exploration together with many examples of sulphide potential in Heron's history.
You can bet Heron retained the best of these tenements.

I also vaguely remember that about 3 years ago Heron had talked about a possible Nickel Sulphide J/V with Inco but then why not BHP?

Cheers!