RE:Gashole1 get an Education on Financials Please!stojko1966 wrote: Do you not understand see Below Our Senior Secured Debt to Bank EBITDA ratio as at June 30, 2016 was 0.86:1.00 (maximum permitted ratio of 5.00:1.00) and our interest coverage ratio was 4.05:1.00 (minimum permitted ratio of 1.25:1.00).
Wow... You think thats going to boost the shares? The shares are already at $6-$7 because its KNOWN they are not in financial trouble, tell me something EVERYONE doesnt already know lol, I know you think its all rainbows but its NOT. Your missing the point that they are not doing as well as they claim they are. In a few years if oil is still $50 BTE is LTS, get it?? I think oil goes higher, but the point is, and what I was looking for was not for them to declare a loss of 41 cents a share, and pay down a tiny potion of their debt. ...... Lets see how it plays out when the markets open. My bet is its neutral... I wanted something that was going to tell the markets the shares ARE worth $11 as BTE claims, but its just not there.