They have a contract to supply 90Kt PA fines into China
for 3 years at a set price.
I don't think shutting down is an option
Cutting back operations would be the option.
They are cashed up my guess is money will last a year
if they cut operations to the bone.
Has been a shocker as the CR money has lasted very little time
Cheers
Ann: Trading Halt, page-50
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24.5¢ |
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Mkt cap ! $253.5M | |||
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