FGE 0.00% 91.5¢ forge group limited

roy hill 'amounts to suicide', page-77

  1. 30,403 Posts.
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    'roy hill amounts to suicide'

    it is beyond many engineers and accountants to work out the 'funding requirements' and 'cash flow' of a project like phase three!

    -

    for example,

    for a $100 million bond, many institutions would be looking at it as though they were providing a $25 to $100 million loan / overdraft

    and

    this amount would be deduced from fge 'working capital / overdraft'!

    hence massive cash flow problems for fge!
 
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