when will the penumbra development stop?, page-3

Why is it a failure?
We have allready seen that Pen is going ahead fine, so I would say they have enough money at the moment.

I am sure I have read that they only need to draw down on finance when needed.
So with the ABSA funding not being finalised yet and is only waiting on a limited number of conditions.

So we don't know there cash position, but at the moment they are slighly ahead of time with Pen and to me that says things should be ok.

So ABSA could be just waiting for more work to be done at the mine or just buying time till more of the global crisis buggers off.
Either way untill the money is needed I do not have a problem, who knows we may not even need the full amount.
The more time that goes bye the more money we make.