The creditors want the "best happen to them" and "C&M fund and cost...peanuts to them" which would be true anyway. Coud it be translated into that the little shareholders would get them money back let alone get a farm for their desperaton in the VA and RA?
What is the best the creditors could get from this nickel miserable bottom channel? Do you know the best is context relative? Is it the best they get their pricipal money, which MBN owed, back but lost their interests? Is it best they get their priciapal and interests owed and the shareholders get their capital and little gain? Who can define the best is if nickel price at this bottom too long? What is your best?
We should remember:
1. the creditors have to get money from the mines for their pricipal
2. they have to get the money for their interests
3. they have to get the money for the shareholder's capital
4. they have to get extra for shareholder's gain.
What would define the earned money? Don't forget that the longer the more interests would be owed to the creditors which means less for the shareholders. It is naive to play the game in the market for the best. Do you know sometimes it is best result that you lose all if you don't risk your farm at first?
Wonder when you could grow up finanically!
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