I have spoken by email to both Richard and Arnie Klann. Both are men of real integrity, IMHO. I do not think they would have put the effort or preparation cost into their Fulton, MS site, if they didn't have real expectancy of moving ahead when financing is complete. I know they have been working with several possible sources for the remaining cost, which to my understanding have not closed their doors on it, as the DOE did a couple years ago.
Patience will reward Bluefire(and the Chinese), if they don't give up.