RE:RE:RE:Andrew's words I think you can succesfully argue the company has the asset base to pay its interest and debt, but nothing more (at current price levels and produciton levels).
Essentially this company exist to serivce it's debt load. It has no growth potential.
Of ocurse if Nickel goes to 10$, different story. As it would be if nickel goes to 4$ and Cobalt back to $20.