A one trick pony with no cash, outstanding con-notes, an untried...

A one trick pony with no cash, outstanding con-notes, an untried capex hungry technology without funding to proceed with DFS in the middle of a credit crunch and stock market crash headlined by IO shipments being cancelled and spot prices tumbling as the world heads into a recession. A time when investors are abondoning unfunded risk plays, whatever you do just don't mention HBI plants!

FWL must feel like the dinosaurs after the asteriod hit..... things look grim.