Naturally they are, and the secure creditors need to sell the mine at a price where their shares are worth something, hence, our shares will be worth something, so after around $200M USD debt is paid off, then the $65M AUD or 7c pps will be offered to the share holders (and the secure creditors) which lets face it for these fund insto it will be a huge loss not only for their initial investment after the DOCA but the 3-4 years of loss investment from these capital.
Hence, my thought is it's best to leave it in C&M for at least another year and wait until PoN gets to $8US/lb+, re-list and sell their shares on the market or sell the mine for optimal price, i.e. $500M USD.
If you mean TomBoy, his account has been permanently suspended for ages, and someone did mention a significant shares holder decided to pull out of the CA after speaking to the appointed liquidator (who are also the VA), and the liquidator/VA didn't expect any news for 3-6 months in August 2016........
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held