what's better - dilution or insolvency ? winidmurra is a high risk project and its failed twice before - twice its been shown to be unviable, and from the flowsheet ATI haven't changed much other than to forecast higher production to make the economics "robust". its going to take a serious effort for ATI to keep enough cash in the tin to pay interest and stop the secured bond holders getting twitchy fingers. borrowing money to pay interest is the realm of governments, not junior resources companies.
ATI Price at posting:
88.0¢ Sentiment: None Disclosure: Not Held
