Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

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Re: ICSID question

over 12 years ago

in response to mineonmoney's message

MoM, why would Tenor not push to get every possible dollar since they get 35% of what's left after paying off the creditors (including their own loan) without a ceiling?

They certainly have a much more aligned position to us than anyone else involved, and with the board seats they have a lot more power than use, which seems to be around zero.

I have not seen the loan agreement, so I don't know what happens if VZ tries to give us the mine back, but I certainly don't want that anyway.