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Bullboard - Stock Discussion Forum Equal Energy Ltd EQU

NYSE:EQU - Post Discussion

Equal Energy Ltd > Here are the facts..............
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Post by darb on Nov 02, 2012 6:19pm

Here are the facts..............

.........they have retired their line of credit and have $10M in the bank while still producing 7800 BOE/day in Oklahoma. They have a host of drilling sites down there and still have some CDN royalties to sell off.

I would bet they will soon be a divy paying trust of some form, which I would welcome.

Comment by Nawaralsaadi on Nov 02, 2012 7:43pm
Victory is almost at hand, once this is said and done Equal will be paying a juicy dividend and trading at $5 to $6 a share, and if we have a real rebound in propane prices next year as I expect: https://seekingalpha.com/article/937371-propane-prices-are-set-to-rebound-sharply-in-2013 Equal can even visit the high single digits, the days of EQU spinning its wheels are over, shareholders have ...more  
Comment by pogohere on Nov 02, 2012 9:22pm
N: you did a superb job of leading the way for all the shareholders.  I can't think of another instance where I have seen a shareholder catalyse the outing of such value to the benefit of all the shareholders.   Congratulations!!!!
Comment by dbeaude on Nov 02, 2012 9:33pm
Here Here!! Could not agree more. Too bad folks have been still selling today. I bought a lot of them today an this week.
Comment by Nawaralsaadi on Nov 03, 2012 2:44am
Thank you Pog, it is a pleasure to see what we have started 7/8 months ago is yielding material results, I believe a lot of good people lost money because of the mismanagement at this company, and it was time for shareholders to make a stand and force them to do what’s right. Regards, Nawar
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