GREY:STTYF - Post by User
Post by
elmothefearlesson Aug 08, 2012 2:33pm
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Post# 20195269
Project status
Project status RDA - bankrupt
NDX - bankrupt
Terrex - bankrupt
TBD - almost bankrupt
Donner - doing fine
Please update me re: our plan of action. Are waiting for Nolan to sell off RDA and NDX assets? Share price is getting murdered (I own a lot of shares, I believe in the model and the management tea [kind of], and I want to hold this one for the long-term).
When NDX / RDA are sold, how will this play out, i.e. will Nolan sell them, recoup his losses, and then try to keep the streams in place? Aren't there a lot of other creditors in line too? Does this mean that the properties will be sold for top dollar, SND recoups their investment, and we lose the streams?
Discuss or enlighten me.