GREY:LSTMF - Post by User
Comment by
PROtradingon Jul 04, 2016 7:44pm
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Post# 25021424
RE:LTS and their over due payments
RE:LTS and their over due payments
bushhog1 wrote: The CEO said in May Q1 Conf Call 2016, that they expect a positive cash flow for Q2, even after accounting for the accrued interest payments for June 15.
The CFO said in March 2016 at the Q4 Conf Call
"Under our debt indentures, we have the ability to issue up to $750 million of first lien debt and we look at that as one of the options potentially available to us to reduce any liquidity risk we might face the result of the reduction to the borrowing base."
Trust them to make the right judement call
Only my opinion
Excellent. July 2016 is LTS month!
Watch and learn everyone!
Glad I loaded up the truck on sub 20 cents! Easy double coming up! And if they are able to finance without asset sales, I'm staying for more than the easy double!
Penn West did a triple and long term, they suck because they sold off way too much.
LOVE IT!