Ann: Pilot receives offer for Three Springs, page-8

Yes, it's non-binding, and based on Brad's comment, it seems the plan is to use the funds for advancing carbon capture. This raises the question: are they not expecting a binding deal or partnership on the CCS project before the potential $11 million settlement? As I mentioned, more questions than answers. I don't like being bearish, but his statement this morning didn’t help. I'm holding and not selling, but I understand why others are exiting. He might be suggesting that they plan to use the $11 million to cover their share of the costs, reducing the need to issue more equity. However, the statement still lacks clarity, and more details are needed to confirm this.