Banks won't lend the money until much more drilling is done, serious engineering work is completed and a feasibilitystudy is presented sometime in 2004 that shows how much copper and gold can be mined at a profit.
He cited a 1994 feasibilitystudy by WS Atkins, a U.K. engineering firm, which concluded that a freeway would only shift bottlenecks around rather than increase the city's traffic carrying capacity.