In the interests of balance, cannot argue with any of this. And for the record a TO is just as possible, IF the process has been validated, on scale. Nobody is suggesting a credit default is imminent, but, if milestones (triggers) in the loan documents are not being achieved (as outlined/agreed), the lender can usually seek greater security by way of requesting additional collateral.
Has anybody seen or come across any independent work assessing the bottleneck issues? All I've come across is the $8million number for additional capex, but no third party verification that following the remedial worlds, all will be roses.
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In the interests of balance, cannot argue with any of this. And...
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