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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Comment by gvixidon Oct 04, 2015 10:15pm
71 Views
Post# 24162141

RE:RE:RE:RE:Questions

RE:RE:RE:RE:QuestionsJoe...I would tend to agree with you...but the delay is concerning... Target date for renewal was one week ago...its not like low commodity prices hit suddenly, so bank and Parallel had plenty of time to prepare an agreement under current conditions...that seems to suggest that lenders are playing hardball...Trican recently renewed their loan but under much harsher terms...I was expecting something similar with Parallel... But the continued delay in any agreement makes me wonder wtf is going on...any thoughts?
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