Nope, try harder!
"At this stage EDF has a claim on its $277 mil and have nothing in concrete as far as anything else is concerned. EDF where not expecting to get this money back and it had it invested at quite a high interest rate. "
Laughable as it is incoherent. I've no idea what you're trying to say here - I guess you're just floundering...
"EDF will also probably have a fair idea of what the mine is going to be valued at and realise that PDN will not meet one of those key conditions, the net sale above $500million. EDF have obviously deduced that it is to EDF's advantage to pull the plug on PDN now, and get their money back."
More total conjecture. Since they were fist in line to get their money back in the case of LHM sale - how is this to their advantage exactly?
"The items that you are referring to come with a list of conditions which at the moment are mythical, just like many of your fairytales. And if you have a look at one of the conditions "APPROVAL OF EDF" , EDF's asking for their money back obviously knocks that restructure proposal on the head."
HAHAHA WHAT?!
The BHs have now all signed on for the standstill the shareholders are not going to block it so what you think that if the $500m+ sale is taken up by CNNC that EDF is going to what - block it?
Are you high?
No, it's just panic after humiliation I guess...
Ann: EDF Demand / Bondholder Support, page-18
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