Good comments.
Re your comment 2:
* TIE arranged the debt finance shortly BEFORE the $85m CR, but the debt finance final agreement was subject to DD. Yes, the DD went on for a long time. Maybe TIE lost patience rather than Taurus pulling out.
* we don't know if they're still short; it depends on the latest build cost estimate. Anyway, raising a much reduced amount of debt should be easy.
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