It's far from over, page-19

See Jim this is the issue with your posts you post all negative and purposefully leave out the positive you try to call out up rampers but your down ramping is blatant.

So lets see what jim left out this time shall we.

The 18.7 million out this quarter was for a well its not a average quarterly expenditure.

The loan facility well lets just use the wording from the ann for that.
The current Bank of America debt balance is US$17.7m. The State will pay back US$1.19m of this imminently, based on US$77m in total payouts, representing $0.16 in the dollar for each outstanding dollar owed as at the beginning of the year, calculated on issued certificates at that time. The debt balance with Bank of America will consequently be reduced to US$16.5m. It is anticipated that all outstanding 88E cash certificates will be issued prior to mid-2018. The State will continue to pay back the outstanding credits on a yearly basis, with a minimum floor of paid out monies. Alaska remains one of the wealthiest States in the USA, with close to US$100 billion in savings and vast natural resources as well as a burgeoning fishing and tourism industry. Risk related to pay back of the credits in full is deemed very low. The Company is also in a strong position in relation to its debt as the estimated amount of cash credits that will be owed is ~US$23m, significantly in excess of the US$16.5m debt.

So basically loan wise Alaska is covering it and they owe us more on top.

so why leave all that out jim if your not purposefully downramping and pushing your agenda?