Re:"...simply the funding was approved and trevor likely holding...

Re:"...simply the funding was approved and trevor likely holding out for better deal...
& "...imo funding is in loan is just a buy time measure...
Ooops...sorry to correct your positivity Graphene.....however, funding was not 'approved' by authorities...the final hurdle to place the Prospectus on the exchange was approved with what VRC thought were 'unrealitic commercial terms' and rejected. Co was 'pretty confident' of raising some amount while still looking for 'top-up' funding that, as l read it, Co had not secured as of a month or so ago....imo funding is still a ways off, even if better 'commercial terms' are negotiated with authorities...prospectus' are usually open to investors for a month...then it's 'much was raised?'...does Co need top-up? etc etc...TM's 'performance rights reward' are starting to run out of time imo...March is next month.
And...the loan funding was more than 'just a loan to buy time' imo...it was a loan to keep this Co afloat!....imagine what a mess if VRC was to CR during all this while attempting to attract investors to the prospectus if it was approved on reasonable terms?...strewth....me thinks 'the ducks in HQ are paddling furiously below the surface'.....and they have been for quite some time l think, but SP suggests only with one leg for too long.
Seems getting funding for graphite mines is like trying to pick up mercury atm