How much will they need? Enough to clear debt? Enough to buy ore to refine? Im not sure the SP indicates much.
If they don't get enough money, they may fold, that's the risk. Someone will pick up a cheap smelter! Sadly not us. THats why I'm not using this opportunity to average down.
Its the opposite story to another one of mine. CSD are benefitting by KZL falling over a few years ago. CSD are ending up with the assets at about one tenth what they cost KZL. Shareholders of KZL get stuff all for what they paid for, shareholders of CSD get it all on the cheap. So if HAZ go under, I will have had both sides of the coin.
(By the way, with the smelter in Vietnam I cant see any opportunity to benefit from HAZ falling over )
What are your thoughts treefeed on the questions you asked?
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