OTCPK:TVLMF - Post by User
Comment by
Redfoxyon Oct 04, 2022 11:10am
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Post# 35004039
RE:Perkoa mine closed - Trevali is no longer
RE:Perkoa mine closed - Trevali is no longerGalvanizer- dont know how 'the bankers are in for a huge fight to recover their loans..." when there is nothing left to fight over.
Caribou has a net negative valuation;
Burkina Faso probably has a valuation approaching zero
TV has not cash in the till
so perhaps they will be fighing over what is next but trust me by the time the lawyers, financial advisors, valuators, technical adviors, trustees in bankruptcy take their fees - and they will be the first ones to take any moneys generated through a bankruptcy proceeding, then there will be nothing left on the carcass to pick off. So the likes of Glencore and other secured lenders will probably take the other mine...for what its worth.
crooks, the whole lot of them. May they rot in ....; for what they have done.