You are forgetting that they swapped the $395M USD debt for shares and are still substantial share holders when the VA was called so all they will be getting back is the SCSN and the interest while PoN is holding $7US/lb, REAL is holding 3.80 and LME has started to drop again and right now they will be making a motza, and strangely even we knew the PoN would recover (price has always been in cycle) and the REAL would be good given the state of the US and Brazil economy so why didn't they......so yes "very strange".
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