RE: RE: BUK RefinanceFor anyone that would be interested in what could transpire in regards to financing /debt etc. google "Canadian Superior Energy" SNG
2008-2009 Discovered a massive resource of natural gas off the cost of Trinadad,makes this look like a bic lighter..in any event,poor management practices and bad finance allowed British Gas to walk in for a song (something like 10.5 million?) share holders (me included)..left scratching our heads in disbelief
On going class action suit..
Every situation is different and not saying that the same type of situation is playing out here..but that was a potential 20 or 30 bagger/life changing opportunity that went the wrong way for investors and not many saw it coming.
Good Luck to all though and lets hope this gets sorted quicker rather than later,especially in this market environment.
C97