I can confirm that TCS's lawyers have stated that Clear Creek is valued at USD$156M or AUD$181M
There is a bit of number twisting at the moment......
Its in TCS best interest at the moment to keep the price high...
It looks like TCS are more likely to take possession and force a receivership sale if the price is high and for Chapter 11 to be dismissed.
TCS may provide further funding if they are allowed to take total control... KM still in the picture for further funding too
The saga will continue post December 1 whether this gets thrown out of court or not
