Well, if I am reading the JDA with Cat Cay correctly, we should have heard something by now, since by July 31 CRQE and Cat Cay were supposed to have a completed Definitive Agreement and PPA. Also, by August 31 CRQE is to have completed the Project Financing. This information comes from Page 4, Section 10 of the JDA.
So, we probably should have seen at least an announcement on the completed Definitive Agreement and PPA by now, or a reason for the delay.