They need to keep drilling cause the present DFS numbers don’t work.
It’s crisis management, coming into the truth-telling phase.
They need to drop a DFS in DEC 2023, and presumably the current numbers will send the SP to zero…liquidation.
…and Lilac are still in the testing phase.
I’m guessing there’s a CR…and Board upheaval to navigate next.
Just my opinion of course…and I’m usually wrong
DYOR
Ann: S&P DJI Announces September 2023 Quarterly Rebalance, page-38
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