That was my take from one of the Bill Beament presentations. I could be mistaken. I was at the rear of the room and did not get everything clearly. In any case he will have over $100m losses from ESS shortly, which should be available to offset profits for a while. And he is spending at a fair clip which can also be used to offset profits.
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That was my take from one of the Bill Beament presentations. I...
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