Its always darkest before the dawn
But with the sun rise whats next?
Stage 2 Feasibility Study
'The Board is now considering funding and timing options for Stage 2, with a decision not expected until sometime in the second half of 2013'.
If stage 2 is given the go ahead short term for cost/profit benefits (< 12 months), we still owe Ansteel loaned money & an interest payment within that time period.
Believing cash for sales short term may cover interest payment and running costs but not much more, but who knows!
Currently waiting on cash flow and running rate, the finance for Stage 2 comes from where, a caps or another set of loans from Ansteel?
Would caps work, money out of Ansteel possibly a given but for the rest of us who knows.
one credit card paying another off for how long.
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