My point about the bank being supportive is that if Granite or whoever else take in bmir, even with a handout from DLH / IAG to take on bmir, it is likely that Granite will need to borrow some cash from somewhere to cover losses until bmir is lobg term profitable. This could mean raising equity from current shareholders, talking to a venture capital fund, but it's likely the bulk of the cash will come from a bank. If the bank won't commit now to providing a loan facility in the next 2 years it puts much more risk on the shareholders - are the shareholders willing to accept the risk of possible over expansion ?