Could be a range of things. Could be JV offer, could be cornerstone investors, could be the streaming deal @Cashmeoutside has detailed over the last few days. US$80m streaming deal and US$100m debt + maybe a small CR for working capital would be a pretty solid mix and put the project in a good position moving forward. Would only be a debt/equity ratio of 55% which isn't very aggressive and should easily get up.
If they can get funding in single figure interest rates then it's game on.
MOD Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held