ALB albion resources limited
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Sailfish,No one will be fishing here with their own debt...

  1. entropylord
    14,167 Posts.
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    05/12/08
    15:18
    Post #: 4576968
    Sailfish,

    No one will be fishing here with their own debt problems, needs to be someone with an appetite for debt, and cashflow to cover ST losses.

    But since their seems to be little rush/competition for M&A, they are likely thinking, why not wait and pick up the assets from the receivers sans debt.

    S&G, thanks.

    EL
    ALB Price at posting: 7.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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