Mr Cooper Group Inc (COOP): The Mineral Rights Wouldn’t Be TEIR 1 As...

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Re: Nightdaytrader post# 724045

Saturday, 03/02/2024 10:05:11 PM

Saturday, March 02, 2024 10:05:11 PM

The Mineral Rights Wouldn’t Be TEIR 1 Assets.

But still assets. Non active mines would be considered a dormant asset and may have been leveraged accordingly. WMI didn’t over leverage like JPM. Leveraging an asset exposures the asset.

Maybe our friends from Oklahoma can chime in regarding dormant oil wells.

Ron

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