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Re: XSVLi3 post# 8794

Wednesday, 05/15/2019 11:37:52 AM

Wednesday, May 15, 2019 11:37:52 AM

Post# of 10481
I haven't read the financials yet, but keep in mind the 45.6 million spent the first quarter may include prepays, deposits for services in the future. Not all of the 45.6 maybe cash outlay for actual work done to date.

New projects normally spend more in cash upfront when a project begins and lessens as the project moves on.
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