The article actually touched on a number of issues that I think...

The article actually touched on a number of issues that I think are of great concern:
* as mentioned getting NSW gov't off side
* community opposition that will undoubtably cause substantial delays
* company has massive cash outflow, and in its head office doesn't seem to be trying to save money (of note they advertise at the Sydney Swans games / sponsor the Swans for who knows what reason???)
* appears they will be regularly raising cash (and trying for another $50 mill now)
* and they are taking what can only be described as large mining risks. How? They got around having to get landowners permission to use their property by NOT exploring but going straight to the production phase. Hmmmm. So, if they bore in the wrong place ... ?
In short, a very high risk proposition by any stretch of the imagination.

MJS