finally an update and as many mentioned on this forum working capital is an issue. The good thing is at this stage they avoided a CR hopefully we can work with Ansteel to get some more prepurchases.
I cant see how a CR will work at these levels hopefully they can get ansteel to talk to the chinese banks to do the renegotiation on the payment terms.
as for the "minor problem" does theat mean we are getting nothing going through or we are getting 65%FE but cant get 68?
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