As a man of commercial finance, I'd say you took the words right out of my mouth. Five years ago a project would move forward with 6-month old data, but these days we wouldn't look at any information over 30-days old. For a project this large, they will definitely have to stay within this range.

Keep in mind most consultants (brokers) require this up-to-date info before taking the loan to market. They will be presenting to a large number of financial institutions and this saves time.

The market seems to have a knee jerk reaction to this info...maybe b/c of the timing? Of course, I'm sure the shorts can make any information look bad for a day....