I don't think you are too far off base EZ. But I have been wondering, if we do have to go to arbitration, do we in fact have enough money from this bought deal financing to carry us that far? We have interest payments to make and bonds to pay off in 2011. We do have the equipment we could sell to raise funds but if (big IF) things went south on the JV, would anyone realistically finance an arbitration case? I wouldn't think so personally.

I've questioned why Fung did the bought deal financing because if our partner has deep pockets and this is a done deal, why dilute the company? Why not just borrow it and pay it back at the 6.5% rate with our other borrowed money we will incur? Maybe Fung couldn't borrow since the JV hasn't been approved as of yet. Not sure.