Yes, but the market is worried about what could happen if they...

Yes, but the market is worried about what could happen if they go cash flow negative. If you think the bottom is in for China and mining then fine. However, if there are more mining cutbacks then are bank covenants breached?

I do not know the answer to this but am long based on asset liquidation value. What I also do not know and hope someone can offer insight as to how saleable these cranes are in other markets. For example can they just be shipped and sold off quickly for book value in a better market like Dubai etc?

If the answer is yes then why don't they export enough cranes to pay off the debt and eliminate the bank loan issue entirely? TIA