RE:RE:Wonder who >>>I think they may do an equity financing. The way the press release is drafted... But not sure I understand. The KFW condition is $40k debt or equity. Board approved Pala non binding termsheet so then why do the equity. If no equity why do they spend a full paragrahp on this in regards to their warrants given the price is set as soon as the loan amendment is closed which I would think takes 2-3 weeks. So maybe another chance to go in with a 15-20% discount. Just speculation but if I had to bet, I say they do an equity raise.