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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF

Energy Oil & Gas E&P


GREY:PEYTF - Post by User

Parallel Energy Trust > Some ideas
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Comment by gvixidon Oct 07, 2015 12:36pm
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Post# 24171847

RE:RE:RE:RE:RE:RE:RE:Some ideas

RE:RE:RE:RE:RE:RE:RE:Some ideasNo action, at least until Sept 2016, at which point their loan comes due in full...then they are screwed...PLT is in no position to play hardball, due to the short-term nature of their debt and complete lck of hedging..they are at the mercy of banks and oil prices, so I don't see that they have ay leverage here whatsoever...without a refinancing we are in serious trouble if commodity prices don't rebound soon
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Dealroom for high-potential pre-IPO opportunities