My understanding is the plant as things stand will be at 40% capacity.
And I am not afraid of debt - providing its modest. Its the bankers not being OK with the risk that were the problem in my view and not the level of debt.
Keep in mind they took on $200 million for the open pit. Too much considering how badly it was run. A modest debt of say $30 million is in my view modest and responsible. Advantageous in fact. Just could not get a loan.
