Have you been paying attention?

"As per the 10K they only had about $61,000 in cash. The share price is down significantly to .125 per share so they won't get as much cash for their shares now. They don't have that many options for big financing unless they want to dilute a lot more. The Centurion financing is the only reasonable choice."

SFMI has access to funding now, and has had access to funding for a long time, including using the concentrate as collateral as mentioned by PQ at the shareholder meeting. Where do you think they got the money for all of the progress they have been making? The amount of cash they keep on hand is irrelelevant. Centurion is an insurance policy, not a necessity. Read the 10K- they only need another $300k to reach the point at which the smelter is operating and they start generating a constant and more than adequate stream of revenue.