It maybe that the debt picked up has new, longer term...

It maybe that the debt picked up has new, longer term constraints related to that CUO can meet. It maybe also that the debt is converted into convertible notes with say - 12% interest associated with it (Buffet style) - allowing a future dilution but a relisting to realise the full value in the future for CFE. CUO is making money at the moment at these CU prices so there is likely to be a dividend for CFE. The terms of the debt will be the key.

I think there is a future here.