Could they operate profitably in the current environment, even with a reduced interest rate on their debt..? If not, how long before they'd be in strife again, even if there was a cash injection..?
I'm not fully up to speed on the numbers but it seems like it'd be C&M until prices recover, someone else invests in some type of cost-reduction program, there's some "sneaky" positioning by the Chinese, or...some other "bad" outcome. I really hope they can keep going and survive this mess, but "business as usual" is clearly not an option....
What would your "ideal" outcome be, if I may ask?
thanks
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