"My current concern is that MHM dont make any money at present but people are asking to go in debt ."
that's a false statement
"Right now they are losing around $4m cash per annum "
did they lose $4m cash p.a. in the operation of aluminium project? if not, then you can't classify it as "losing around $4m cash p.a." (capital expenditure does not mean losing money)
commissioning, page-63
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