KM would have had to pay certain vital suppliers to keep the business functioning and they did, some in part and some in full.
BSL pulled the supply of scrap metal to Rooty Hill on the Thursday Arrium went into administration, by the Tuesday they were back suppling scrap to keep the operation functioning.
Happens in all administrations, KM have to be guaranteed their money and the only way to do that is keep producing and selling your products.
ARI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
