RE:RE:RE:Comments on Increase in Market ActivityCopperrun wrote: Nothing has been released yet! Lots of people need to be paid out so have to see how it is be disbursed. It's all speculation I strongly believe they will receive there payout and that individuals will get there's. If there was something that said they were getting it this would be over $5 but for now it's all about loading cheapies best of luck
As of the last financial report, they had around $585M in monetizable assets (liquidities + other assets that they can acceptably convert to cash).
On the other, they had $946M in payables (waiting for CCAA) and they had $622M due on their debt.
Even if they get $100M USD, it's all going to go to the creditors, it's not like the common shareholders will see its colour.
Last quarter, excluding the gain on derivatives (which they can't sell, as it covers their contracts going forward...), they had about $0 from operating cashflows, so you can't count on that to reimburse much of what they owe.
The fate of the commons depends on the CCAA negociations. Last time, common shareholders got 10 cents per share and the "opportunity" to inject money into the company. Why would it be different this time?