RE:RE:RE:RE:RE:RE:Update ?Debt
I've heard the expression "nuclear option" in reference to what a weak regime relies on to protect itself. It is part of that Mutually Assured Destruction option. MAD provides for an unsavoury result when left with no other choices between rolling over and dying or blowing the c r a p out of everyone. But it is an option.
Creditors can't take a small haircut here. It is an all or nothing choice and nothing isn't good. Why not work with Fortune? We are obviously have some options that we can develop in the right environment, and the current environment looks pretty good and seems to be improving. Perhaps a Federal or some sort of government guarantee on the debt. It make that debt much more valuable than it currently is, the feds can talk about how great they are and actually move an asset on First Nations lands to production. The royalties, taxes, and employment would recoup any costs in months, not years.