Re: Lets get a reasonable offer of equity for debt from Bondies
in response to
by
posted on
Apr 05, 2012 11:19AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
What would be an acceptable deal. 45% percent bondies 5% management 50% shareholders.
Bondies through in an addtional 20 million and make available more on a 10% interest rate if needed.
600 million award bondies take away 270 million - 120 million = 150 million + past interest paid. Bondies would be garanteed first payment and minimum 120 plus interest .
shareholders get 300 million.
management gets 30 million+ salaries - hard to believe even that is to much.
This is a low side settlement number.