HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Secured creditors take issue with Essar Global

Luker, Thanks for highlighting an important sentence in the article

"We have a committed bidder already."

 

And not to forget this....from July 2016...

https://www.sootoday.com/local-news/largest-shareholder-in-sault-star-parent-company-wants-to-buy-our-steel-mill-343991

"Rothschild, the term lenders' financial advisor, will also become entitled to a significant success fee, to be paid by [Essar Steel Algoma], if the sale transaction is implemented," 

 

And not to forget,

RCF History and Organizational Background

 

 

Resource Capital Funds was founded in 1998 when RCF co-founders James McClements and Hank Tuten pioneered the concept of a mining-focused private equity fund while working together at Rothschild North America.  Resource Capital Fund L.P. (“RCF I”) was sponsored by Continuation Investments Group, a private investment firm associated with the Rothschild family.  Though separate from the Rothschild Group, RCF had access to Rothschild’s considerable worldwide resources and mining sector expertise.  

Share
New Message
Please login to post a reply