Ann: Quarterly Activities Report, page-3

huge risk here though as production increases so does cost and it looks like next quarter cash flow is going to need further funding.... plus extra capital required for capex projects... could be a 6b registry+ at this level unless it’s consolidated. Top holders don’t want to lose equity obviously but yea... huge risk. Cash flow positive is a few quarters off imo... if they can get it.... you’re right though the majority shareholders could easily delist. They don’t care about other holders