The choke hold is onIt looks like Glencore has decided to let Trevali go and they are going to squeeze every dime out of it that they can. The decision to change settlements back to four months was the final nail in the coffin. Trevali now has four months of unsettled zinc priced at about $1.88. They were OK on their April settlements, but are likely to lose money on their May and June settlements. That is why the receivables are so high, but they are not going to receive all that money. The delay in settlements is also creating a cash crunch. The company expects to increase it's current loan amount. In addition, Caribou is running behind on meeting it's $1.25 hedged zinc so 20 million pounds are being extended out into 2023 insuring more losses from Caribou in 2023. The REAL AISC for quarter 1 was about $1.45. The AISC at Caribou was distorted because of a lead shipment from last year that got shipped in January. Glencore will lose all of it's investment in Trevali and will lose it's $10M loan. They are taking advantage of every opportunity now to bleed Trevali dry. Their main goal now is to find someone to buy Caribou and Rosh Pinah that will keep the concentrate feed coming to them. I doubt that the banks are going to allow TV to use any of their existing loan knowing they will lose everything if they do. This might be over a lot quicker than we thought.