GREY:MKRYF - Post by User
Comment by
mortgages101on Nov 30, 2017 10:53am
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Post# 27063446
RE:RE:this will go down more.....
RE:RE:this will go down more.....Poor results, couple with them putting all producing assets on the marker earlier this month.
Does not look like they got many bites. Potential buyers knowing the company is on the brink aren't going to look at paying anywhere near the value for these assets. They will wait to buy them for peanuts. You think they will sort everything out in two weeks? They've had months to get things in order. To no avail.
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Should the Corporation fail to meet its commitments, the outstanding capital commitment shortfall amount and all debt obligations may become due and payable to the counterparties immediately and/or a loss of lands."