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Lonestar Res Ltd New LNREF

Energy Oil & Gas E&P
"Lonestar Resources Ltd is an energy company focusing on acquisition and development of existing onshore oil and gas fields through exploration activity. The company holds a portfolio of twelve projects located in Texas, Louisiana, and Oklahoma, USA."


OTCPK:LNREF - Post by User

Lonestar Res Ltd New > AUD/USD exchange is hurting LNREF as well as price of oil
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Comment by MDICKIRSon Jan 26, 2015 12:59pm
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Post# 23363925

RE:AUD/USD exchange is hurting LNREF as well as price of oil

RE:AUD/USD exchange is hurting LNREF as well as price of oilThe AUD/USD rate is now .7904. Aussie dollar keeps losing to the USD. This is a major headwind to LNREF comapred to the LNR on the Aussie exchange. 10% in three half months. 

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