Very good post by Punjabi. Excellent assessment of the situation CLL is at in this difficult time. His conclusions are very eloquent and to the point.

...So far they (CLL) have managed to pay the bill by selling their properties. This cannot continue forever because they have some serious problems resulting from huge debt & under production. . Selling properties has given the company some life line. At the present prices the company cannot raise too much money from the market...