Yes, the loans are activated again.  But the shortfall still exists and will be covered solely by Koreans.  This is called 'stage II funding' which will bring BAJ interest to 10%, isn't it?  $104 million provided in October - November is money invested by Kores in this already 'stage II' and will not be considered as any loans to MMB.

The only positive is LD loan / lawsuit gone.

But we are still heading to 10% ownership as Kores finances all the shortfall between original cost estimation and reality (higher cost estimation).