Replies to post #66985 on Copper King Mining Corporation fka CPRKQ

[RDG013]

billy, point is, if the company has a willing lender and an eng report that the secured lenders cannot discredit showing that with that lender the mill can will be be made profitable, 99 times out of 100 it will not matter how hard the secured lenders fight, the DIP will be granted.

Basically, it all hinges on what the engs find.

As for:

Also, as you know, there is an order of things in BK. Certain positions are paid first.

Yes, in a liquidation that is true. If the DIP is granted, then there are gray areas.