We need to see the production figures and cashflow statement....

We need to see the production figures and cashflow statement. KordaMentha allegedly stated that CAI's cash balance was $20M suggesting we hit the lower end of our production forecast for the June quarter.

The alternative narrative is MAH submitted a letter of demand; demanding payment of unpaid invoices totalling an amount that would make CAI insolvent or breach their minimum cash balance loan covenant. DR requested MQB to defer further loan repayments - which ties with the statements made in the recent Crux interview - at which point MQB lost patience and pulled the plug after they saw a marginal increase in organic cash build despite no loan repayments during the quarter.