General discussion, page-3549

Financiers provide finance with a view to making a reasonable profit with regard to the risk, simple as that.
If management are stupid enough to allow their financial position to get to a stage of desperation then they will pay the price, that is self evident from what KCN has experienced.
You speak of attaining positive cash flow as if it was a certainty, it has not been achieved and if it is not achieved in pretty quick fashion we are going to experience some very nasty circumstances.
I consider the potential of the mine to be excellent, however, i will not look at the current position through rose tinted glasses when management have consistently made promises and failed to deliver - it is getting to the stage that if they again fail the outcome may be catastrophic and that naturally concerns me - I am not missing anything I am looking at the position from a dispassionate viewpoint as is my wont