Dependant on SYR's interpretation of non-dilutive, it rules out a CR, JV or strategic partner which leaves a loan from a commercial bank or supply chain participant. I get the feeling SYR are deep into negotiations with 1 of the later.
The DOE won't finalise the loan until SYR have their share of the funding in place. The clocks ticking until the next election so wouldn't surprise if the DOE is leaning on someone.
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