CNX 0.00% 7.4¢ carbon energy limited

on borrowed money

  1. 79 Posts.
    Another question - if they can't flog off the coal (unlikely given it is deep and scattered) or get another friendly "investor" to help out, where will they get the money to clean up the site?

    This is the next question that DERM will be asking. If I were DERM I'd be looking at the bond needed for a full clean-up and grab it now before all the borrowed funds are gone.

    Closer to home for some, what liability will compoany shareholders have for the clean-up if the directors disappear into a cardboard box (in Brussells? US? )out of reach of receivers here?
 
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