http://www.northerngraphite.com/wp-content/uploads/2010/08/Nov-11-2013-PPT2.pdf
please note slides
#23: expansion (option) to 33,000 (versus 21,000) tonnes/yr, reduction of cash cost by $100/tonne from $800/tonne to $700/tonne.
#24: timeline - financing/construction, 1Q 2014
#25: competitor analysis
#28: mine financing - breakdown (Catepillar $15M , $55 debt financing, equity from partners, sale of royalty, total Capex: $101M including $9M contingency...depending on sale of royalty, equity financing = $22M, max.)
goldhunter