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Thanks Thadius for taking time to respond. Apologies if my post...

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    Thanks Thadius for taking time to respond. Apologies if my post seemed a bit sharp, especially towards you personally. Just find them a bit frustrating at the moment. I thought that would be the case with the $35m. Bit of buffer and funding to preliminary stuff on stage 2. However, all they have said publicly is to fund stage 1 including working capital. And rise from $20m was big.

    I know funding difficult. That's what worries me a little. I did think $12m against equipment and property worth multiples of that and another $8m to fund working capital, basically ore ready to sell, was achievable. Getting up to $35m harder. I guess it will also be a better result when it is achieved. I did say to them at one point that its no use getting initial funding, paying fees and then having to refinance it shortly after. So I shouldn't complain that they're negotiating bigger facilities I guess.

    Still, I do believe the funding side has not really been well managed. They were looking for temporary funding at one point I heard. I'm sure they could utilise cash right now to speed things along. Anyway, its probably all in hand. Just a little slower than expected which is certainly not unique to IFE.

    Thanks for that contact. It is very reassuring to know they have someone answering queries again.
 
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