So if they do not focus only on Eagle the loans will not be or less likely to be called in.
Help me out, because that assessment escapes me.

Even if KWG, perhaps with Noront also, does manage to get some chinese company to build a railway to the Ring, that will deliver chromite to market before Noront's nickel ore?
I doubt it.
More so that rail is not as helpfull, to the communities near the Ring whose cooperation is needed, as a road will.

Noront has examined the costs, cooperation and timing of road for nickel vs rail for chromite and reached the most practical conclusion. Good enough for me.