Extract from a previous post9 Jun 2019 20:54
I am confident plant funding will come from forward selling, and debt secured against the OTA..
But before the OTA can be fully signed, even though the 80-100% has been agreed its now up to KODAL to accurately tell SC how much that 80-100% equates to, and at a what grade.
So for that we need the feasibility study which is being worked on for exploitation permit. Which luckily at this moment shouldn't as far as I can tell be affected by any delay from ESIA as although its required to submit the permit application, no response from it feeds into the numbers.
So path is ESIA -> Exploitation permit-> OTA signed -> Funding sorted -> Plant build - Production