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DOCA2, page-2

  1. 14 Posts.
    For posterity.

    Would say your scan of the DOCA is correct G50.

    It looks like Liberty are pretty much the only major with deep pockets and willing to ante up more bucks to keep from losing the lot.

    Noble is as good as broke themselves, forget them.

    Surprised as to what this presumably means for JFE Steel.  They have supported Baralaba as a buyer and/or investor in the mine pretty much since it started.  It looks like their investment at the corporate level is gone, but I presume they retain their stake at the operating mine level.  Still, must be a career ender for someone in JFE to see a write off like this.

    There is an old saying: He who holds the gold calls the tune.

    It looks like Liberty is the only one calling the shots.

    The rest of us are done.
 
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