Hi tism, If we do not have to go to a bank for funding, there is...

Hi tism,

If we do not have to go to a bank for funding, there is no need to spend time and money on Bankable Feasibility Study. I have been holding a copper junior in North West Queensland, Cudeco (CDU). It has omitted BFS as equity funding was arranged from an off-taker (Oceanwide), and a mine build contractor (Sinosteel), who is our partner. We do have two Chinese large partners, who need our products right now. They might help us to fast-track the development Chinese are readily to take any joint venture opportunities in Africa as there are no red tapes and everything is cheap. I think any kind of JV deals could be possible. Then we can move ahead into mine development without BFS. This is my opinion only.