So EL
you think no bid, no liquidation, so Trafigura wont foreclose, but more CR cash from IGO Zeta then and nothing from AF. This means PAN keeps producing and more dilution.
Yet you dont blame AF at all.
You cooked your mushrooms on MCR which I warned you about when you were talking bullish at 220c then went to 105c/140c. Lucky AF bailed you out of that disaster you got in with $760M cash.
PAN is no MCR, it dont need $760M nor even $50M.
I think you my be right and Trafigura will resile as long as it keeps getting offtake supply.
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