Now we can take bankruptcy off the menu for this year. The notes are due mid-December by my recall.
The issue gets back to the overriding issue all along since February -- how much will the financing cost? I'm optimistic that Bob can come through and finance the notes and costs through the arbitration at less than or equal to a 50% dilution, which at a $2 billion award still leaves us little guys at $2.
Glass half full, sure, but the vultures can fly somewhere else for a while.
Now that we have another life (wonder how many we have left GW), the next news that I am waiting for is the outcome in XOM and COP v. Venezuela.