RE: financing So what we know:
$$135-140 million required - 3 parts financing, debt, off-take financing & equity
In 2008 $40 million "mezzanine debt financing" by MRI Trading AG.
In 2010 $60 million "term sheet" representing by Durham Capital Corp.
The company has to secure debt financing within the next 6 months to repay the bridge loan of $10mill.