That is one thing. But if we want to see $3 by year end (and I do) then we need a big contract.
Dan said they want to repay the Garrett loan from cash flow but he wasn't sure if they can. That's $6M plus 2x $2M cash dividends plus the ECAB debt they have to take care of.
We can't be sure what they are planning for AF3. Some cash flow will come from the TRW trade division. But they usually convert these ponds during the winter season which means there should be a contract by November. And it will be 3G ODRAS. TRW doesn't have any money, do they? So it has to be a cooperative contract.
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