amarksp
do you have any comment...I posted this at stockhouse...
<<I have not seen anything that would indicate they are "renegotiating" terms? It would seem that they have cured, or can cure, the default. The creditors gave EPM an extension of time to do exactly that. So, why would EPM renogotiate unless it felt it could renegotiate a better deal? If the creditors really extended the deadline to cure the technical default, it would seem that EPM is in the driver's seat as to whether or not it wants to continue with the present financing arrangement.
Do you (or anybody else) have any information to the contrary?>>
I supposes the upside to equity would be that it becomes a pure gold play...no hedges. I wonder if EPM is considering that.
andy
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