RE:JimBuyouts don't really work like as you described. I wish it did, but there is normally a requirement for companies to publicly announce their intent on acquistion when it comes to a share buyout as it would require shareholder approval to approve the decision as a public to public buyout. Unlisted companies typically get more shadow work for acquistions but there is normally a period of a month to allow the deal to settle.
As well, while loans and payments are approaching, the dead dates we have as described only become dead dates if the debt collectors wish to persue liquidation. They do not have to, and can continue to extend at their discretion with sweeter deals in the event the deal continues through. The likely hood of recouping losses via liquidation is next to none so it would not really be in any funding providers interest to do so at this moment in time.
This isn't like Laurentian University where they are connected to the grid, have income coming in, and actual useable assets. Pipping the piper there made sense for those supplying the funds as they would be able to recoup their losses but in this scenario, FT doesn't have the means to recoup even a fraction of the cost if the debt is called upon. Everyone, including the funders, would be holding the bag with 0 chance of recoup (at least this way, if it works out,they get a good payout)
It isn't uncommon for juniors to combine in this scenario, however if we were to explore this route, I would consider some of the local mining companies with operational mines in the NWT that have a liquid cash flow to be considered as someone to combine - or - partner with as they have the geo-political understanding, contracts, equipment, staff, and financial backing to extend their operations in the area. Not saying it would, but if we were to explore that partnership, that is where my mind is going for fuzzy numbers.