OTCPK:PDPYF - Post by User
Post by
Cheadle12on Sep 10, 2020 10:52am
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Post# 31532999
A better deal would be
A better deal would befor Kelt to merge them in, refinance the debt into a nicer termed out package & would be a 50,000 boepd producer with only $300M debt, likely less debt as Kelt still have $72M in the bank after their debt & debentures are paid out.
That's a very investable entity, with excellent debt ratios, Propane, Oil, Gas & LNG export.
Then shareholders would get a beautiful run up vs. this crappy deal from CNRL who took the PONY for pennies on the dollar, literally and shareholders never can regain their money back.