I agree that it didn't slow down any progress in ZTEM and all.
But I'm sure it delayed any JV.
If I was a finacial group interested in Hay Mountain, I would wait for an outcome in AK before loaning, lets say, $5million. (just a random number)
After all, the 5 million is about the same as the debt/liability that is cancelled now.
We just don't know the terms.
I'm sure an NR about this is around the corner.
If this isn't a material event, I'm not sure what is...
Just my opinion.