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Re: Richcc71 post# 4397

Monday, 06/29/2015 11:43:14 AM

Monday, June 29, 2015 11:43:14 AM

Post# of 19605
Am I the only one who's getting concerned that the EC is not putting forward motions to hire consultants? We should be hiring a valuation and mining consultant at the very least so that we give equity a strong base from which to argue for recovery. The EC objection to the disclosure statement seemed very weak from a valuation standpoint and I think the debtors are going to use that as leverage and probably revise projections such that equity no longer gets warrants -- that way they don't need equity to vote in favor of the plan in order to have it confirmed. Just me thinking aloud and at the same time hoping I'm wrong.
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