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Old 16th Nov 2018, 16:33
  #38 (permalink)  
FlightDetent

Only half a speed-brake
 
Join Date: Apr 2003
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Age: 46
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The KH operation is said to be only 30% Small Planet group. Think of it as sister-in-law.

The whole operation always relied on strong enough winter projects to keep the balance sheet positive.

The LT oldest sister which is also in insolvency protection counts on the Bamboo project that is still supposed to happen, even if delayed.

The German and Polish siblings are indebted so much that even with the insolvency protection they could not ever repay what is needed unless an investor is found. The LT core unit has a viable plan to make it through on their own, though the creditors will take a significant haircut. (this last paragraph is not my words).

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