when can ccu repay its debts??, page-8

Thinking out loud another extreme scenario:

If our two main debtors converted all their loans into shares at the last closing price of $0.105..CBA $18m, Magna $3m. We would be looking at massive dilution of shares, from 329m to becoming 529m. SP would come down to be about $0.065 ~ $0.070

This would wipe the slate clean, immediately allow CCU to survive, be profitable even at current silver price, but anger a lot of existing shareholders in the process.

Just a thought.