I asked Dr. Webb whether he knew of the debt financing company mentioned by JP on today's Q-line. He said that there are a number of companies offering debt, convertible debt, gold-royalty structures. And, that Tyhee has already been pitched by some of them.
Another clue as to what's been going on behind that scene at Tyhee is when Dave mentioned that debt financing works when there is a reasonable chance and definitive schedule to repay it, and that Tyhee is closer to that point. Nevertheless, there are some high-cost lenders that think Tyhee is already there! But, the cost of this debt comes down fast as Tyhee gets closer to production.
Zykk/Andy,
Thank you for phoning in that excellent Q-line call.
Baires