RE:RE:RE:New Press Release - Pelham Investment Partners LP Files Advance Notice of Nominations for the Election of a New Board of Directors of Nickel 28 Capital Corp. at the Upcoming Annual General and Special Meeting of ShareholdersIf I remember correctly the interest rate is 5.5% and non-recourse to NKL's other assets. I think the analysis is clear that the bump in ownership would translate into 10-15mm more annual cash flow which makes total sense. I think the issue is finding a lender that could get comfortable with this collateral profile and at what cost and terms. The lender is ultimately lending against a non-controlling minority interest in an SPV that owns an interest in Ramu nickel mine located in Papua New Guinea controlled and run by a Chinese company. If the can find a lender I think it's a no brainer.