So let’s get this straight - they may not be able to make payroll as soon as early 2025 but it’s okay to plow ahead with a construction project that is largely not bid out and therefore subject to change over a pretty long time horizon? One which is actually not covered in full by lease certs - remember the ~$7 million in costs they must…
So let’s get this straight - they may not be able to make payroll as soon as early 2025 but it’s okay to plow ahead with a construction project that is largely not bid out and therefore subject to change over a pretty long time horizon? One which is actually not covered in full by lease certs - remember the ~$7 million in costs they must fund for non construction costs)? One which their financial consultant (by having one you are admitting you don’t have in-house finance expertise, fyi) says is a very horrible decision. Seriously could this board make worse decisions?
So let’s get this straight - they may not be able to make payroll as soon as early 2025 but it’s okay to plow ahead with a construction project that is largely not bid out and therefore subject to change over a pretty long time horizon? One which is actually not covered in full by lease certs - remember the ~$7 million in costs they must fund for non construction costs)? One which their financial consultant (by having one you are admitting you don’t have in-house finance expertise, fyi) says is a very horrible decision. Seriously could this board make worse decisions?