Two issues.1) We were never producing 90. It was announced we...

Two issues.

1) We were never producing 90. It was announced we were and a raising was done to "increase production to 120". This is pretty simple stuff.

2) If it goes under it'll be the company / liquidators deciding if performance guarantees are worth anything. It's worth considering on this point, however, that if ebtec consider themselves substantially on the hook, they may decide they're better served by providing liquidity now, rather than potentially being pursued later by whoever. (but I have no idea exactly how on-the-hook ebtec are)