Courtney Pratt
Courtney Pratt
enormous pension problem solution
I feel more optimistic, ... because we have a solution to the problem of the pension fund, which was an enormous problem.
capital challenge continuing enable face forward importance move quarter results strategic third vital
The third quarter results demonstrate the continuing competitive challenge we face and the vital importance of securing a consensual restructuring which will enable us to move forward with our strategic capital program,
achieve greater hoped occurred plan progress recent towards
We had hoped to achieve greater progress towards a consensual plan during the around-the-clock negotiations that have occurred in recent days,
certainty pension
That's very significant to us to have certainty around the pension funding.
clear deal issues raised time
We need the time to clear up or deal with these issues that have been raised by Keiper and Woollcombe,
intended people
If other people see it differently, they'll see it the way they want to see it, but that's not what it's intended to do.
confidence plan sheets signed term
If we can get signed term sheets on these two outstanding issues, that should give everyone confidence that this plan can be implemented.
deal optimistic past
more optimistic than I have been in the past that a deal is there to be done.
announce deal hopefully
We will be back at six, hopefully to announce a deal is done.
anyone driven fact range
This restructuring has been nothing like what anyone would have anticipated for a whole range of reasons, driven by the fact that we started to make money.
board critical dealt forecast perspective reason
the reason this is pretty critical, that there be no questioning from the court's perspective about the way the board has dealt with this, is that the forecast is critical to the plan.
closer court emerging goal lake moves platform producer protection provides steel strong viable
It provides a strong platform for restructuring the company. And it moves us closer to the goal of emerging successfully from court protection as a viable steel producer at Lake Erie and in Hamilton.
company critical march recognizes
Everyone recognizes that it is critical for the company to get this done by March 31.
board financial forecasts issue job oversight proper relates reviewing specific whether
it relates to the issue of board oversight of financial forecasts and whether the board did its proper job in reviewing the forecasts and making the decision. And that's as specific as I can get.