Ann: All EPC equipment to be shipped from China, page-47

you are wrong, the ultimate goal was to be majority debt funded. There was always an element of dilution. That was the original equity raise as part of the conditions for the draw down. Since the bank refused to honour their part the dilution since has been minimal and as shareholders contributed to most of that equity raise there has been little dilution to those that did participate. All shareholders had first bite of the cherry. If they didn’t participate that was their choice.
As Jinpeng weren’t able to participate in the last equity raise due to the time frames in which they needed government approvals, I think all shareholders would be supportive of this deal with Jinpeng.