Can we all come up with some accurate numbers to get a better idea of what to expect? I have the Tenor debt (4 tranches) plus interest (using the max of 60% per Sec. 347 of the Criminal Code) currently at $330,000,000. I have the additional interest to Tenor increasing the debt at a rate of $45,109,800 per year. I have read that the bond debt plus interest is approximatelly $120,000,000. Shares outstanding of 365,417,732. I know you mentioned the 88% to Tenor, but if you believe that the 60% max interest rate is in play then that number will be much lower. I am not sure what is in the $500,000,000 number you mentioned. Not sure how to figure the 3% MIP. Let's see if we can get this estimate more accurate.  Thanks for everyone's input.