Yes Battle Axe, I think it is! I'm also using stash and on the moratorium, but just canceled out my stash usage with the purchase of my background fabric...go figure.
Last night cut fabrics for the "circle" pieces and have started on the "chain" pieces. Based on those fabrics I pulled out four pieces to use for an outer border. Then went shopping today to find the best background piece to use with said choices. I found it! Now in the washer so it's ready for the first step this week. It will definitely go with 2 of my 4 border picks; I'm ready to roll!