GREY:NMKEF - Post by User
Comment by
Calgary_ABon Apr 10, 2020 2:42pm
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Post# 30897677
RE:RE:Latest Monitor Report
RE:RE:Latest Monitor ReportTcheck, carefull what you wish for...
"Dismissal of the whole thing"
How do you dismiss the secured creditors but not the not secured? You are not secured...
I think the not secured will be dismissed first and then the secured will share whatever is left...probably not enough to pay back the whole thing but a precent that they agree to....
Good luck and be carefull what you wish for...
Tcheck wrote: Thanks mick for the pwc monitor report .
yes there are some claims to be worked through .
fmc livent is back with a 300 M claim .
i thought we didn t owe them a penny .
orion 100 M
i think we dont have to keep honouring the streaming agreements
General lithium is a chinese company
i didnt know they existed
Johnson matthey battery materials cant expect business as usual under the circumstances .
it looks frightening 500 M claims in total but those are maybe not defendable or upheld in court .
this kills us .or complicates matters to say the least .
livent surprises me .just taking advantage of our weakness probably .
i didnt hear of them making a claim when their supply contract ended .it is so long ago
i hope more noise than reality.
They dont lose anything from trying .except lawyers fees .
we need good lawyers and judges on our side ?
And a dismissal of the whole thing .