crimson grace, page-36

The Qtr cashflow is going to be tight IMO, because this weeks 40K ton revenue will not be in the June Qtr unless we got payment before the 31st
(in the past payment has been over a week after the ship sailed)

So, even we get $600/ton for 30K ton it won't be enough to be cashflow positive for the Qtr, IMO, because the forecast outgoings for the Mar Qtr is
$20.98 mil. In other words for the QTR is to be cash flow positive either the outgoings would have to be sub $18 mil or the FOB price/ton would have to be
$700/ton FOB.

We know already that Feb was cashflow positive.

All IMO.