I think because we do not have full details of JV setup we may...

I think because we do not have full details of JV setup we may be missing some nuance, if this was such a no brainer funds would have been poured-in by the Market, BOD and existing holders, however noone seems to be that convinced.

I believe that is because the conditions of debt deal are not known so nobody wants to buy in to get instantly diluted. Just as always with BCC - we got to just sit and wait, SHs must be some of the most patient people, we've been waiting for so many things for years , the SP rise especially!