Ann: Lochinvar Scoping Study Update, page-17

• The Company has commenced discussions with potential strategic investors who may wish to participate in the project and provide funding.
  
  
• The Company has had preliminary discussions with potential Debt providers regarding the possibility of project debt financing as the project is more advanced.
  
  
• The possibility of attracting ‘off-take’ agreement financing as the project is more advanced
  

"It is also possible that NAE could pursue other ‘value realisation’ strategies such as a sale, partial sale or joint venture of the project. If it does, this could materially reduce NAE’s proportionate ownership of the project."

It's good to see management have already commenced discussions with potential investors for funding of the project. Would be good to have a big investor on board to help drive this project to production. I would personally rather the company sell Lochinvar if they don't believe it will be in shareholders best interest to produce ourselves.
We would then have a substantial amount of cash to fast track our tin and gold project.
Either way I'm definitely happy and good job to management