Why the surprise here? Even if we received the permit, we would have had a ton of dilution to raise the funds to build the mine and to pay off the notes. Granted, the price of the stock would have been higher but still. Most people knew that dilution was inevitable and that it would hold down the price rise. Boss is right, what is our alternative? Go BK or take this deal and hope that this JV expands to take on other projects in VZ (maybe LB?).