http://panoramaipiau.com.br/2016/04/sem-solucao-para-crise-mirabe...

http://panoramaipiau.com.br/2016/04...la-mais-uma-vez-demite-todos-os-funcionarios/

Now the fun starts..!
No tax refund yet so threatening to close until June.all part of the pressure strategy playing out now.

The note holders could also lose big if there is no reopen. Its all a bluf strategy.. Now how can they get $450m for the mine that they need..
They can't right now..!!

All will play out very soon IMO
They have to reopen at some stage to preserve their invertment or all is lost for everyone .. And they lose big.. Not going to happen!!

A doca will give them nothing.
A return to the directors after a short c&m or a sale at the required value of above $400m usd will be the only acceptable solutions right now.