Positive news is that they are looking for debt based funding to...

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.