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finbar99

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finbar99

Re: Nuru post# 6980

Friday, 06/07/2013 10:32:49 AM

Friday, June 07, 2013 10:32:49 AM

Post# of 14330
>>The question is - if we have lost Hollister for a cheap price, Tanzanian assets produce no income and are not able to sell, if Burnstone is sold for a price that barely covers the debtors´ demands – will anything reamain? Is there a possibility of any income for the future?

If they can't sell the remaining Tanzania assets, they stated in the last monitor report they plan to abandon them. NPIs (I'm guessing Burnstone will go with an NPI as well, unless CS takes it via credit bid) will go to creditors to close the case. That'd would be all she wrote.
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