OTCQX:SREMF - Post by User
Comment by
LadyJane6on May 06, 2015 4:43pm
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Post# 23701598
RE:RE:new thoughts
RE:RE:new thoughtsAccording to the Radio-Canada article shared a couple of days ago, RB Energy owes $120M + $17M to Hale Capital. That's a lot less than the $200M you pulled out of the air.
Duff & Phelps specializes in valuation, not liquidation.
While the outlook is indeed grim, valuation could be a first step towards seeking financial relief from the Quebec government and restructuring. I don't say this with conviction, but I am open to the possibility, no matter how remote.