I'll drink to that, bbbbut......if we were close, or at, a deal with BAE, would we still need the PP cash?

Apparently yes, to be used as the PP stated:

The proceeds will be used to fund the Company's internal and third party development efforts necessary to complete the milestones required to enable the monetization of the POET Technology. The proceeds will also cover general and administrative expenses, and working capital.

So a deal with BAE is still some calendar distance away, or the first cheque from them is, at least.

Why is that?