Tronox Inc. (TROX)

[ofirm]

That was one of my point all along. tronox have had the blank
check to identify efficiencies and get them done throughout the
bk. judges usually trust management to run the business and
you should take any financial reports given before end of bk with
a grain (or two) of salt, as the management has the distinct
intrest in lowering the bar and showing why the remaining
liabilities need to be as low as can be.
They have just managed to reduce interest rate on most of their
liabilities by close to $18M a year (which will flow straight to
fcf and increase valuation).
As far as paraguay is concerned, I would not want to be the CEO of
anglo american or bhp that puts a few billion into the ground
and then some chavez comes along and taxes him to death or just
nationalize it (it is the people's property after all...).
Only my 2 cents.