GREY:NEVDQ - Post by User
Comment by
nofluffon Jun 12, 2024 10:59am
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Post# 36084771
RE:RE:Last money in.
RE:RE:Last money in.It must go through courts to get dip elligebility that protects the operation from a lienholder making claim and for the new lender to get 1rst lien rights. Everything is legal and essentially gives the new lender control. If a lienholder does not agree and argues a case at court, then it can be lengthy..
But it seams things here r friendly. Getting 20 million quick will tell a big story. Will tom be the guy at the top for good, or does Eliot have a new man to put in place? The mill and mine managers are likely well established now. As controlling share float, Pala retains a lot of control.
Nf