MGC - Valuation, page-4

Farmers depend on the FGMP for income, investors don't. I will back the farmers on this one but agree that the investors got sold something at a value way over what it should have been - too much financial engineering by those that advised MG-Devondale and too much greed by those in MG-Devondale. For investors caveat emptor, the farmers dont have that privilege.

If it was a simple as you say then MG-Devondale can buy back the units at issue price (or something less) using a debt instrument, they have the provision and the cost of funds right now is at an all time low.

Suppliers to a processors should not wear the burden of cost of the processors decision.