Tronox Inc. (TROX)

[newtechinvestor]

I doubt alternative plan would be revealed tomorrow. EC with the assistance of Eureka/Young has been working on actual financing since December 20th; after the announcement of interim financing plan.

EC needs to formulate and submit an approvable exit financing plan to not only advance equity holders plan but at the least to grab upper hand in negotiations with bond holders and creditors. This is where Eureka/Young earn their pay.

Notwithstanding EC's alternative exit financing plan, we've entered negotiation stage. Lawyers for Tronox, bond holders, equity holders, creditors and EPA are all in and out of court for their respective clients and parties. The longer it drags on the more fees for the lawyers. But in the end, stakeholders will negotiate and reach consensus on workable exit financing plan because it is in the best interest for all.

Tronox charts are all pointing toward a big breakout. All indicators are looking very bullish.

http://stockcharts.com/charts/gallery.html?s=trxaq
http://stockcharts.com/charts/gallery.html?s=trxbq