ARI arika resources limited

ASU - Debts Restructure/Refinance Request Proposal, page-9

  1. 2,662 Posts.
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    Gents
    One could bandy around some interesting figures with IO at $80 steady i.e.$64 us recieved plus .steel production exceeding records and prices.

    The longer the talking goes on the longer $100m free cash a month is likely ending up as cash in the bank.

    That's my figures and no-one else's.

    It doesn't take much thought to see a profitable business is here.

    We can all argue about how profitable.

    Unfortunately if Ari Inc's tax losses are lower than shareholders think then that is to me a defacto admission of loss recovery and tax credits being used by the administrators to deminish tax for some time.

    Ta da .........profitable business


    Dyor +dyodd Now why would or should anyone including creditors be up for a haircut?
 
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