vanila, page-2

Hi Doudou amigo mio. It fell through because it could. MCR saw VRE starting to tremble and concluded that a little push would do the trick. This push (cancellation of the deal) was then administered and in came the administrators, who will take quite a bit of time to get familiar with the problems at hand.
MCR will now wait for the VA's to come up with some kind of offer and then the hustling will start with MCR getting away with CH for around 15 million.
The encouraging thing for me is the continuing operation of Bronzewing. It should be within our reach to become cash flow positive before June is out. Once that is achieved we need not be overly concerned whether VRE had or had not a rotten deal on some nickel heap.
Cheer up mate. This thing is by no means hopeless. Yet.