The biggest problem j see here is, in 1 years time ASN will gave no cash and a $30m fully drawn down loan according to this quarterly,
If then the halt has not been lifted and or the lease will not be issued due to the environmental issues, this could be a very real problem for ASN and with a $30m debt and no cash, I can't see ASN could continue.
others thoughts on the above grim scenario, am I being over negative, as I'm just going off this from today's quarter report
Ann: Quarterly Activities and Cashflow Report, page-41
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