I believe that any delay of production at all will be a negative that might be hard to overcome.
The bad image of "production will start .... if financing is available...." Happened one two many times.
In this environment: 1- need jobs, 2 - completely supported by county officials, 3 - financing obtained 4 - personnel and equipment is in steady stream = THEY ARE GOING TO MINE
Yes it could slip, worst case, into 1Q-2Q of 2012. They will mine and they are constantly presenting their case at investment conferences. Soon shares will be in stronger hands and this will eventually stop.
Cynthia has an impressive resume' as do many of the recent hires. Her first order of business is GET THAT $x%$#@ AIR QUALITY PERMIT NOW !!! They matched fire with fire