RE:consolidation is coming to an energy company near you
ageed, and the closer they get to the Debenture maturity, which is just 11 months away, the lower the price will be. So while their circular said they would use the 35m dollars to build the asset, they have chosen voluntary vacation which means they have no chance of building the asset, which means no chance of refinancing, which means other than paying monthly salaries of 20,000 and 30,000 and more to management that show no interest in their company other than a salary .... selling now is the best way to go.