The company's proposed plan would require Tronox to fund environmental and tort creditor trusts. The cash portion of those trusts would be funded by the loans and the anticipated $185 million sale of new Tronox stock to its unsecured creditors through an equity-rights offering.
would like to know what price they are going to market them at...would give good guidance on what prices, on R and S, I can expect to map out...imo. anyone know when they expect to have this offering...usually with such offerings, company runs the price, for those taking the offering to make a premium for them...at least that is what I have experienced with many mining plays over the years...not sure how these Q's play them...