at what level can we expect the cap raise?, page-18

Baraka: "dont see how FGE could fund working capital for such a job now.

large clients require bank guarentees / insurance bonds incase of underperformance to protect their interests."

If Forge's terms on Roy Hill are similar to Samsung's other contractors then they will need a 10% bank guarantee, which will be around $180m. That wouldn't be either easily or cheaply obtained.