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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by soundandfuryon Dec 20, 2015 9:27pm
148 Views
Post# 24400034

re: asset sales

re: asset saleswhy would mie not buy 100 million in lre assets from the asset rationalization sale.   They want to keep all the company as a unit and with them aquiring a controlling interest i cant see any reason why they would not buy 100 million in assets besides the other money they are putting into the company.  I dont think the chinese want to see the company cash flow go down because of asset sales.................just my opinion.
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