They have the capital. Only problem is that they burn it at an...

They have the capital. Only problem is that they burn it at an incredible speed.

I am not even talking about the Alita disaster (for which apparently no one is accountable).

Can anyone explain how they managed to go through so much cash the last quarter?
Seriously?

They went through half of the Posco money in 9 months. How does that happen? For what? What do they have to show for it? Nothing (ok, maybe just "not much").

Let's hope they start selling their product before September 2020, otherwise we will need to start tapping into the line of credit .... IF it is not taken away from them by then, because if I was the lender I'd be sh1t concerned by their ability to piss money down the drain. That is bad bad management. I wouldn't give people like that a line of credit, let alone in a depressed market.