Actualización de la peticiónRegulators, urged to investigate the corrupt business practices of New World Resources.Minority shareholders feel the Creditor Committee has only a closing down plan for OKD like Paskov
John SmithAustralia
28 dic 2016
We also humbly request that the current OKD Management, Insolvency Administrator and the Creditors Committee, through the Czech Court with urgency re-evaluate and make a new reorganisation plan that reflects the present day coking and thermal coal prices. And we ask OKD that they really must upgrade and use present day future long-term forecasts for coal prices to reflect the recent massive price increases. Therefore it would be a prudent for OKD to re-examined its own coal reserves so they can be upgraded and then to re-issue a new plan showing a much longer life for it's own coal mines. We are reluctant and sorry to tell you that we the minority shareholders feel that the Creditor Committee has only a closing down plan for OKD like Paskov. And we beg and ask you, Please do not close down highly profitable coal mines.
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