At least I can agree with the likelihood of the Filing's being out by Q2, but Funds to Mine again....highly unlikely, BUT to what degree would you classify as Mining?
If the BoD makes ONE Blast, fills ONE Truck and dumps it with the rest of the OR, does that Constitute Mining, well technically, in a sense, but not good enough. It's not Mining in the true nature of that context. I would say Mining is Blasting, Loading, preparing, processing AND Selling and continuing to sell. THAT is proper Mining.
As any potential Investor may think, it wouldn't sway ANY seasoned investor to buying FLPC shares. In your opinion, a LOAN? BIG Joke, with all that debt, a poor credit track record and NO sales...ever! If you were a Bank, Would YOU lend FLPC $2-3M to get under way without scrutinising a salient business plan...LOL. Not on your life, you wouldn't. You'd be wanting a FULL Appraisal of ALL the past years Figures with Profit and Loss Accounts to see what the last 3 years NET profit was, and with a big round '0', You'd be laughed out of the Loans Office!!
