Reason for share drop???It looks like LFD owes the Government $25 million....how big is this issue? This is from SEDAR (Date of filing: May 2, 2011).
MANAGEMENT’S DISCUSSION AND ANALYSIS
For the years ended
December 31, 2010 and 2009
Page 4
“The obligations under the PSC include a onetime signature bonus and capacity building bonuses, the first of which was due and paid to the Government within a period of 30 days from the execution date of the contract. The remainder, consisting of five equal monthly amounts of USD $5.0 million each, became due beginning in August 2010 and are currently past due and outstanding”.