Jesse,
The question has been asked a few times and the reality is that "it doesn't matter" which condition was not met.
I'm only speculating but I suspect it has something to do with failing to meet a financial payment milestone. Think about the different messaging that PLV would have had to announce to the market if that scenario had occured and PLV had given them more time?
Whatever, it doesn't really matter, WEG's failure is to our immense benefit.
Go PLV!
GLTA.
Cheers,
Snagger
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