GREY:ROAOF - Post by User
Post by
chucker23on Jan 13, 2009 11:15pm
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Post# 15702750
Any truth
Any truthabout the uk gov't looking to help small to mid size companies with loans - then forget the sale of Oilexco. Not only does OIL employ uk workers but they also have black gold. I strongly feel that if the money is freed up quickly enough by the gov't - then OIL will be a prime candidate for bailout money. Remember the first thing adminstration is mandated to do is salvage the company.
Not pumping but once I read about this uk bailout - it was almost as if they were indirectly refering to OIL.
Maybe I am hoping but it is a theory that is a bit more reasonable than some I have read.
Is it not also possible that RBS saw or heard that this was coming and for them to hold OIL off from going under was to file for admin - which then gives them time to get money from the gov't.