release, page-9

Positive news is that they are looking for debt based funding to finish the construction of the Kinsevere project, so no dilution at these pathetic levels.

We'd be in a completely different position if it wasn't for that extended mining review which prevented a capital raising last year.

Let's just hope the lending markets start easing up cause without $200 million this is going to be a slow grind to nowhere.

Other positives to note is the copper price heading towards $2, project modeling should show a robust project with ample capacity to repay the debt.

If and when the debt funding is announced I'd expect a nice bounce so could be a good entry point if you're game.