Graphex Mining had a market cap of AUD $21M when they announced their funding package ...
http://www.graphexmining.com.au/wp-content/uploads/2018/10/0200.pdf
That in a tougher jurisdiction due to the mining legislation changes in Tanzania ( and conditions precedent because of this ). From looking at quarterlies, no works completed on ground so therefore a greater risk in financing than BAT.
I’m just putting it out there that funding can be achieved.
Interview with David Flanagan at the RIU Explorers Conference last week, page-15
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