Fortune Minerals Ltd T.FT

question

[Freedom2022]

is there a senario where FT gets squeesed out to default and get picked up cheap after November?   just asking ,  cheers

[Allman]

I would say yes, but only if there is an FT conspiracy, so the odds of default on Nov 30,2022 would be close to zero imho. If Robin did not see a converging path forward yet, why would he only extend the debentures until the end of November. For me, the odds of FT success far outweigh otherwise when considering recent and upcoming unprecedented catalysts, coming from multiple and competing

[red]

Great response and agree .... slim to no chance. Deal coming is what this is shaping up to.... and quite frankly I am to the point that given the probable complexities of any deal it's likely safe to say a deal of some sort is probably done and it's down to crossing some T's and dotting some I's .... just not seeing otherwise. Where we come out is anyone guess as well. We wait ..

[Lotten]

The way I understand your comment you are concluding that Mr.Goad choosed to extend the debentures until the end of November. That the decision was his. But how do you know that? Maybee Mr. Goad didn't have a choice, maybee that was the best deal he could get? The fact is that we don't know for sure. And that directs the spotlight on how this company communicates. A lot off press releases