As far as traditional financing involving bank loans or bonds, not involving any equity compnent,I am not sure where the idea would emerge a bank would lend on a mining project without established reserves, positive cash flow, and negative working capital.If traditional financing means private placement of shares that would be more likely. (By the way are their shares DTC eligible ?)
Roughly without a forecast from management on start-up costs I came up with 100 million shares by the fall if they are starting process now for fall production.
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