positive investment research, page-22

FEA's 2008 "overhead cost" was $21m, "forestry service cost" was $34m, etc, and it has a $200m debt.

How for it to survive with only a MIS revenue of $23m?

The only way I reckon might be a 1:1 rights issue at 10c per share, which would collect ~$40m.

The problems are that the major shareholders GNS and ELD may not participate because their lack of money, and that the $40m money may not be enough for it to survive.

But anyway, it is ramping up its sp and preparing a cap raising as the last hope for surviving...