GREY:COLUF - Post by User
Comment by
WeKnowEnergyon Dec 30, 2013 1:59pm
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Post# 22045904
RE:RE:RE:RE:RE:RE:RE:Why is no one buying the Notes!!!
RE:RE:RE:RE:RE:RE:RE:Why is no one buying the Notes!!!I included the 10m senior to sandstorm in the 19m senior. 9m leases + 10m sandstorm. After that pari passu with 90m of 183.5m (including accrued) so about 49% of claim after secured paid out.
I agree the notes are attractive but the equity will also likely surge despite dilution if a financing comes through.