The line of credit is one of many short-term, bridge, and long-term financing options that they are currently discussing and negotiating. To my knowledge, none of them are finalized at this time. Which probably explains why the mill is still down.
I have been hearing how long term financing is very close for over a year now (since my visit on 2/5/09). They keep insisting that they are close. I just hope that they mean a lot closer than they were a year ago.
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