They have already stated there is no need to borrow money. Financing is already available. Q1 is due in 45 days, and that should clear everything up. There should be both revenue and some level of profit, the first of many.
Mr Smith My impression is that the very big contracts will be delivered in limited numbers perhaps each month over the year. These deliveries will presumably be paid along the way. I have the impression that Mr Park tries to communicate that he has sufficient credit facilities in Asia (Singapore if I remember correctly). To me it looks like a very tall order for this to suffice. Moreover, it is possible to sell hundreds of millions of shares to add to the financing. I don't have sufficient insight to be sure that it cannot be achieved, but so far I am quite sceptical.
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