a more likly scenario ... and imo the elephant in the living room
IDC to Noble/PIC/RES: "u guys couldn't organise a r*** in a brothel. We're done!"
PIC: *yawn* Wha??? Meh! oh, well we lose a few mill ... no biggie
NOBLE well we have security over the asset so we'll just bankrupt RES and sell it
RES mgmt: We've been lining our pockets for doing sfa for so long, who cares!
RES Shareholders: royally screwed
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a more likly scenario ... and imo the elephant in the living...
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