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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by colt451on Mar 08, 2012 4:01pm
215 Views
Post# 19645720

RE: RE: RE: RE: RE: RE: RE: RE: RE: Very sad to se

RE: RE: RE: RE: RE: RE: RE: RE: RE: Very sad to se

I don't understand why we don't just sell EZ, pay half of the debentures off, and renegotiate the interest terms with whatever half of the holders are willing to negotiate. We run MWS pull in the profit, and then we deal with  as much of the 2013 debt as we can, AND THEN we sell MWS. Why rush it and sell everything at once "under distress"? Were not really under distress. We owe 150 mil, even now we can sell EZ for 70 mil + 10 mil in cash + 27.3 in assets. That's 100mil...is FIU saying they can't negotiate with that small percentage of debenture holders, offer them 8% interest?  

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