Does not seem like there is any chance of any.. otherwise they would have said something I am sure.
@Netraam - all good. I hope CAI goes to $1. Then ALK will finally make a profit on all the years they have invested in CAI. Do I think $0.45 is likely next year... no, but could easily happen if CAI have everything go their way in 2024.
@The Mechanic - while the production is indeed not lost, $4-5m in near term revenue for a company that is cash strapped, is.... for me, price sensitive.
@markyess - as above. CAI has not been in a strong position for years now (since they day they turned the plant on). The mine plan is a shambles, the LOM is basically... 2-3 years as I read it. The main pit is barely economic, they are scrambling like crazy. Their hustle to date has been improving, but... it is what it is.
You are right about the March Q. If things don't improve quickly, then they are going to be in a very difficult position, as it does require capital to develop their new sources of ore. All open pits require stripping.
I do like that CAI quickly announced the fire issue. Dave is showing more maturity compared during all the issues during ramp up.
Good luck to all holders. I have been around too long to sugar coat things.
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