RE:RE:Black Swan GrapheneAfter further reading of the press release back in June 2021.
Mason's obligation in the joint venture was to invest 2.5 million for their 66.67 stake of the company. So, That must be why they had to sell part of their stake in Black Swan Graphene. On the latest balance sheet, Mason has only 14 million in cash, paying this commitment out of cash would of left Mason vulnderable to finacncial risk and cash flow problems.