We can speculate on everything.:) Vhgi knows the Fins are #1 priority, without them being current KCSA is in limbo. The great thing about firms like KCSA is they have investors interested in at price points of $.25, $.50, $.75 and so on. The loan is IMHO logical step #2.
As for Phase 2, while they will start in Q3 the permits will take a while. Normally a new mine will take 18 months to 3 years to get all the permits. Fortunately Phase 2 is directly under the current seam. When I talked with JB a while back speculation was the permits would only take 6 months since Phase 2 is on their current property.
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