worried?, page-9

Blao, you ask why they did not seek to raise money 12 months ago. My answer is I think they have been trying. In fact I think they have been trying to raise money through debt/equity or any variation.

Banks are not normally keen to loan during construction/ramp up periods on operations and the equity market has been tapped mercilessly over the past 5+ years.

It seems to be of few friends these days and the religious support of Hartleys (thanks to John Featherby I understand) is drying (dried) up.

Difficult commodity, country, operation. I wish them all the luck but dont expect a rabbit out of the hat.