Ann: Change in substantial holding , page-17

Yes that is true. With the dupont deal and posco deal i think the banks would be comfortable lending 60% so 40% equity contibution.

Off the top of my head it's a 140 million dollar build? Correct me if wrong. If so then say the posco deal leaves us with 55%. that would mean 77 million from GUN. 60% of that from bank would be 46 million leaving 31 million. If what DH has re Posco equity buy we are looking at 40-50 million cash coming in so the deal would be covered with up to 20 million change left for other things.