""""If the NCu sales work out at 500T/wk (from various sources...

""""If the NCu sales work out at 500T/wk (from various sources the gravity separator works at 50t/hr with a max of 20% NCu; 5 days x 10hr shifts = 500T). Getting ~$6,500/T gives a total of ~$3.25m/wk.
If they can keep producing that until the processing plant is operational, then there probably isn't the need for either set of funds. Knowing the way business/banking works, assoon as they have cashflow and don't need the money, it will arrive. """""

Lot of 'ifs' there.

I am sure the company would have considered this, before indulging into what appears to be a disastrous capital raising thru dilution, and further funding from a line of credit which has yet to be finalised.

But agree with you... the Ncu sales @$3m/wk before plant becoming operational, is iffy.