OTCPK:PDPYF - Post by User
Comment by
Aldan007on Aug 25, 2020 7:26pm
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Post# 31452934
RE:RE:RE:RE:RE:RE:Investor Help
RE:RE:RE:RE:RE:RE:Investor HelpHi TradeTracer,
I think Aug 31 will be an interesting date.
I agree what other persons have suggested: Debt Redetermination should be independent of the CNRL offer. Ultimately, there is still a chance that shareholders don't approve this deal.
I guess there are 4 potential outcomes Aug 31:
1. There will be another news release that the redetermination will be rescheduled until after the shareholders voted
2. The credit facility will be extended with the same amount as economic situation / oil prices has improved
3. The credit facility will be decreased
4. The credit facility will be cancelled to put more pressure on pony and the shareholders.
My guess is that the most likely outcome will be option 1 - which won't help us at all ...
But, I really don't want to speculate about the outcome. Let's see what happens next Monday