Ann: Arbitration Update, page-86

It seems many on here are still in PE mode. The importance of PE is insignificant to the importance that we secure funding imo.

Secure funding. Vote for the CR. Dead in the water without it imo. Sure WPL put the squeeze on us. No one should be surprised with that. When we have that lined up (say a little prayer) then worry about PE.

If funding secured and award made no matter what form that takes some of the pain can lessened to some extent. No junior debt facility, reduction in senior debt facility, Gambia drills paid for and keeping bigger walk in. Many possibilities then. Even a restructure of debt a possibility at better terms. Still dilution though but without funding the rest don't matter imo.

Would love to here from Kfann on the funding issue. Quality poster that one.

SC