I'll tell you why the deal was announced. And the company probably would never admit this but since the deal, the permit and its terms won't be finalized until later, it was announced now so KRY could raise funds and stay afloat. It will also allow Fung to stand up in front of the AGM without getting tomatoes thrown at him. How uncomfortable would it have been for him to stand there saying, nothing more to add from last year? So, you announce it now, get your stock price up and then do the bought deal financing which lessened the dilution impact.