mount morgan funding

The Investor Presentation 13 Oct talked about the Mount Morgan project getting up and running with the following comment " construction will start once funding is assured ".
One would assume from this that this is what the Trading Halt is about. The Presentation also indicated NGF was holding $45.3M in cash, owed $38M on its Conv. Notes and had a Capex of $13.1M for Homestead. So, how much is Mt. Morgan going to cost? This hasn't been disclosed as yet. It would appear that the board is being super cautious with regard to cash reserves, income, capital costs and the overhanging Conv. Notes and forward sales which are well out of the money.
The other side to this story is the gold price in $Aus and the $US. There is no real bull market in GOLD but a severe BEAR market in the US Dollar.( last 4yrs the US dollar TWI has come from about 100 down to the low 75's) With this in mind the board needs to look after its margins just in case the AUS $ continues to rise against the US $. Great for travelers but not so good for gold miners in Australia.