What an absolute disgrace from the management and the administrators.
Just f**kin come to the market for a raise. With U prices recovering from the lows, surely you will find interested parties to payoff all loans and then be purely shareholder owned.
It seems that the whole situation from getting many loans by the management to the administrators to now the DOCA is a setup. Some big parties want this for next to nothing. Its mind boggling that they cant get rid of some assets and survive.
If small companies can raise few mils every now and again to survive, why the eff can they not raise .
Ann: Letter Received From EDF Objecting To DOCA Proposal, page-2
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