Ann: Sconi Off-take Update, page-109

I feel like this has only hurt short term holders and those not enjoying seeing red in their portfolio (me).

The fact Marcus needs to find $1.4b in funding, as opposed to $1.32b doesn't concern me.  I'd reckon his job would be made easier knowing that we are no longer offering the discount so metrics will have improved, meaning debt payback will be faster.

Either way, my opinion is that BB and the board did what they could, and at the end of the day it was a business decision made by SKI.  Main thing is their relationship appears strong. And you never know, a prepaid revenue could be an option (and more beneficial to SH).

I am now looking fwd to seeing how this plays out over the next 4 months in regards to funding.