ATI 0.00% 17.5¢ atlantic limited

Yeah, but with $600k in the bank as at 31 Jan, and fully drawn...

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  1. 189 Posts.
    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.
 
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