Very straightforward.
If all the liquid or short term debt were to be called in today there would not be enough money to pay for it.
As Slipform (a related party) is a major creditor, they have agreed to not call the debts this year, thereby alleviating the net current liability position, allowing the company to continue as a going concern. There is red tape around SCPE approving it- I cannot see how they would not as they hardly want to liquidate there position.
Not an issue at all.
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Very straightforward. If all the liquid or short term debt were...
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