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Not sure what you're getting at. But yes, it looks likely that...

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    Not sure what you're getting at. But yes, it looks likely that they will be winding down the DW in some way. But in any case, that will reduce what is reported in the 4C as cash to the net cash position reported in the commentary, $6.6mio. No way around this. What we don't know is the repayment conditions and how long they are committed to pay interest for. It looks like we will know soon enough. Right now, the unused but drawn DW is costing $320k per year if the rate is 10%. Not a negligible drag considering the level of revenues.
 
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