resource upgrade subtle reference to delay?, page-13

Awells
I think you could be right about JD not wanting to do a CR, which is good, because it means a lot less dilution for shareholders.
The problem is that the a bank will not want to finance half a mill, because half a mill can not produce anything. The bank will want to see the numbers that show the mill into production and thats where we are now, trying to put those numbers together.
It does seem a lot of shagging around at the moment but to speed things up MYG would probably have to do a CR.
Im leaning towards forget the CR and wait a little longer so we can borrow all the money from the bank.