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Ann: Update on Beneficiation Plant Fire , page-5

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  1. CBHOLDING
    189 Posts.
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    14/02/14
    14:52
    Post #: 12937059
    Yeah, but with $600k in the bank as at 31 Jan, and fully drawn down on their debt, how do they pay:

    - interest expense
    - staff
    - other site overheads
    - opex to continue the iron ore ops

    Unless they can get the FeV inventory crushed, transported and sold, or their trade creditors accept deferred terms, this may get ugly.
    ATI Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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