GREY:NMKEF - Post by User
Comment by
Tiger737373on Jun 12, 2020 11:36am
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Post# 31143540
RE:Creditor Claim Outcome
RE:Creditor Claim OutcomeHello Mick, I would like to remind you that the shareholders objective is not to be a creditor but to encourage a relaunch of the project with the existing shareholders. As for fire sale of the project, the existing shareholders would recieve almost nothing. No major investor will give 400 million to the shareholders and will subsequently invest 1 billion. Relaunching the project is the ultimate goal. Perhaps an asset sale could get us out of this setback. But the majority of shareholders will lose in this type of scenario. Keep hoping, the news looks better. ( Orion Mines )