Keep in mind, Patriot has been "buying" votes in the form of settlements for the POR to pass. (i.e., non-Union settled, certain large creditor who were formerly against the Debtors are now aligned with the debtors as evidenced during the last trial when the certain large creditors withdrew their objection to the Union receiving 35% of NEW equity in the reorganized patriot Coal, the list goes on...)
It seems that everyone is on board except the Union. If the Union and Patriot can settle that $35 to $40 million, then the POR is as good as confirmed, just needs to be official. (Yes, factor in the time to POR/DS filing, voting, amendments, confirmation hears, etc, it will take months).
I gotta get back to work, good luck.
imo
