Well no new info in that post. A few people here have put...

Well no new info in that post. A few people here have put forward financial analyses of the next year or so. Its clear CAI (and other producers) are sailing close to the wind. Cant do much about the hedging, its always a best guess at the time, and hedges often end up out-of-the-money anyway.

Currently the Mcap equals the cost of the plant. Mr Market is saying, ok "We'll pay for that, but your 70Koz production per year is worthless." Yeah, ri-i-i-i-ight.

Macquarie is not going to scuttle this business at the drop of a hat like some people are suggesting. They have received loan repayments. They have an obligation to work with CAI to do everything to allow the business to succeed. Top 20 insiders will have business links to the Macquarie , and private conversations will be going on between them. No one has dumped. Sure, Macquarie might restructure the debt to a less favourable position for the company, but they are out to make money too. Business is business.

Again, look at PNR. Despite a decades worth of poor financial performance, someone is still financing them to the tune of a ~$38M loan.

These companies that go into receivership always have a long history of failure. We're just out of the starting gates and not even 1/4 down the opening straight, yet the bedwetters/weak hands/chicken littles all want to cry a doomsday scenario. Get a grip, people!