They didn’t extend prior I assume because they are massive hedge funds and want to maintain the most aggressive and controlling position as possible. They have never done anything to help progress this company or the stock. They aren’t intelligent, but they are powerful. Being helpful to Carney is not how they operate. They want suffering and to make things as difficult as possible. their loss has to be written off by now. The default notice is a formality. Of course they sent it. All they can do now is wait a see if Carney can get them something back. The craziest thing in all of this is that I feel like he is close to making something of this. Cleaning up a decade of horror and lies left by Andre isn’t an easy thing. I give the guy credit for getting to where he is now. Bankruptcy would COST the note holders money, literally. Do you really think they are going to write a check? Do you think they want to run this company? Absolutely not. Remember, it’s a mine, a logistical nightmare. Not an easy thing to just simply take over, there is a ton of over head. If they were smart they would be please with what Carney has done and the fact that he has real revenue on the horizon and has managed to keep the mine running. He is a resource. But they aren’t smart, they are evil, and they will make his life hard simply because of what Andrea did to them.
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