Ann: Material Terms of Employment (Chief Executive Officer), page-24

Still avoiding reality I see. I didn't claim they were selling no product, that is your misrepresentation of my argument. It's clear to see how much product they are selling- it's in the accounts. That amount is tiny, and less than the amount they have produced.

You keep claiming there is a large market for their product at elevated pricing levels - you haven't produced any evidence for that.

If they can't even sell out their harvest of ~240t of heartwood, you should be able to see that they can't sell the 10,000t/yr that constitutes the vast majority of future years' claimed production at anything even vaguely approaching the fantasy pricing levels they claim. That makes them bust.