The inventory write down, which is a non cash item, will bring costs to 60 cents per watt, which is target for Q4. Qu would rather take hit now in Q3. In Q4 there will be huge shipments of 600MW or more, at higher margins as they get down to their 60 cents per watt range.
The fact that the bank of China lent them $ 93 million shows that future is bright, even though uncertainty reigns for now. Qu seemed to give a more darker image now, which will be upgraded as we move foward.