Yeah...RAV...good question......you would have thought some reference to RAV would have appeared in one of the two NR's. It's almost like they don't want us as investors to know much right now. Could be that any news of an extension, or non-payment, would just rile the boy's up even more right now, as the low cash-reserve issue is pretty obvious.
You can bet there is alot of uncertainty as to just what their game plan is at this point. If RAV doesn't pay up, you might assume another PP, or, maybe a long-held "investor" is hiding in the wings, or maybe even Matt's and Justin's family's assets might have to be brought into play. Or maybe even nothing.
The other thing that might help at this point is that Matt's "unorthodox and groundbreaking" mining methodology, have most likely been shelved in favor of a, "hey, we gotta' get our act together, and quick!" approach, using "normal" mining practices. It might take longer, but at least it should yield verifiable and legitimate results, good or bad.
They first still have to identify a realistic drill target . They'll be watching every penny now. That should occupy the majority of their time...and give them some more time to come up with something "motivating and inspirational" to tell the dwindling, unwashed masses...