I think I've made my point clear enough. LBY will run out of cash by the end of FY22 at current burn rate. if they fail to raise capital, then lenders are effectively bearing the operating risk of the company (in the event that LBY doesn't file for bankruptcy but instead uses lenders funds to pay its corporate costs).
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- Ann: Continues Strong Growth for 1H FY22, Revised FY22 Guidance
Ann: Continues Strong Growth for 1H FY22, Revised FY22 Guidance, page-106
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