They need a lot more than $60 million that they have raised. Look at slide 8 footnotes. They have spent 3.1 billion dollars of equity and debt but believe the project has only cost 2.6 billion. Furthermore, they need another 400 million by their estimates to get the job done....
I suspect they will need another 500 million to get mining underway. . perhaps 150 mil from gbg, 150 from china and another 200 from the banks. They must be accepting all contractors claims without query to blow a budget by this much considering how close they are to schedule. I think they need some claim consultants to go in and beat the contractors back a little.
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