i'm not the PP wiz here but this seems pretty impressive in the current environment. other companies are giving away the farm or cancelling PP's altogether due to "unfavorable market conditions". from what i see GNH got some pretty favorable terms, did'nt seem to have any trouble filling the PP and somehow got a creditor to take shares in lieu of cash at almost .12 per share.
i'd like to hear thoughts from the guys that are regular PP players.
not to bring up the dreaded "somebody knows something" line but it almost seems like folks close to the project are feeling pretty comfortable with the property right now. imo