Ann: Corporate Activities Update, page-6

It was operating at a loss and had enormous credit card like rate debt, its failure shouldn't of been a surprise to anyone, it was inevitable.

The project was great which has been confirmed by the PLS MC appreciation since it bought out the debt, the AJM vehicle was however existed on thin ice. Have a listen to AC's recent podcast he talks about the difficulties of operating without sufficient funding and the effect that had on decision making, he also talks about if the floor price held without saying floor price rather 'penalties' on shipments.