RE:RE:Well......that was fun, eh?Hi SnowShowDb,
You've got the best posts on this forum and I would welcome your insight.
Don't you think they had to add the "going concern" line as it was possible under the worst case scenario - auditors force you do to that. If you are going to release bad news do it all at once and get it overwith. The worst case scenario means that most of their reasonable assumptions will not work out. What I heard this morning was that they seemed to have a good handle on what needed to be done, that they've already OVERCOME most of the problems and are tracking at 2tpd.
In listening to the confernce call this morning there seemed to be much good news and I sensed confidence from Neal. Managing their cash to manage the bullet payments is their number one priority.
Also one of the questions from one of the analysts was specifically about working capital and seemed satisfied with the answer.
To me it seems like a run of bloody bad luck that is due to change at some point. If the luck doesn't change then you will see a refinancing or raising additional capital.
The overall story and potential is still quite good and will that be a winning long term investment even if there is more dilution or debt?