GREY:QEXXF - Post by User
Post by
ratpoysenon Oct 19, 2015 11:35am
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Post# 24204688
What happened to the "financing"?
What happened to the "financing"?Good advice elga, I'm thinking "run for the hills".
Funny we haven't heard anything further about the "financing" they announced last month.
I wonder if the lenders looked at the questionable projections in their Capital Program, especially the Natural Gas Program where they estimate 1.350,000 barrels per well. Seems pretty unlikely.
I tried to find van Betuw of Lucero on the APEGA roster and don't find either one listed, which I would consider a serious concern. Has either one of them found any oil?
Recent transactions and terms seem unusual, reporting and financials seem suspicious too.