GREY:TBTEF - Post by User
Comment by
Oldfart74on Jan 17, 2017 3:46pm
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Post# 25719029
RE:WHOOO.
RE:WHOOO.rickflair wrote: Well lets see what TBE debts are. About 205 MIL towards the banks, 85 mil to the debentures and about 9 or 10 mil of cash on hand; so the rest are paid. If they get over 300 MIL the shareholders might get a little BUT it is a long shot. My crystal ball says that TBE was sold for about 260 MIL. It is a DEAL at these oil prices but I don t know what the REAL VALUE IS. WHOOOOOO.
You forgot that at August 30, the company owed trade creditors about $28 million.