I have seen a report that their cash fixed expenses are $43m a year and I have seen no announcements on any plans to drastically reduce these expenses. Once the cash runs out the music stops. The 2017 financials for BLA show borrowings of $53.9m so if any of the lenders start calling in some of the loans the music may stop sooner than expected.
Birch and Waite ......latest Blue Sky project, page-21
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