With projected operation costs in excess of $44, the current IO price provides just about no margin at all. So what hope has the company got to raise $4 Billion to build the show?? This is surely a dead loss by now, so when is the company going to announce a mothballing?
It seems irresponsible to keep using shareholder's remaining cash to pay for employees and services that are increasingly unlikely to be required long term. Thoughts?
IRD Price at posting:
9.0¢ Sentiment: None Disclosure: Held
