First of all, it reads significantly better than previous in terms of production and deliveries.
But, to my eye, I don't see how we practically get through this and certainly next quarter without a cap raise?
The DEC quarter during wet season when disruptions are the norm and there are multiple debts due? In order to progress they'd need the same output as now but with higher prices and with less delays. It just seems so unlikely...
The silver lining perhaps is that we are now entering into seasonally stronger prices but even so, this is tight - really tight.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-31
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