I would raise some savage criticisms against both capitalism and socialism but this is not the forum.
90m is due over the next year, the forecast is 25m EBITDA for the full year - pre one offs. There's no assurance of cashflow from operations.
So the options are trade through (seems unlikely) vessel sales, capital raising (most likely) or insolvency.
Time to off-load this Mermaid, page-78
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