GREY:ROAOF - Post by User
Post by
Karmanowon Jan 22, 2009 9:36pm
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Post# 15722733
mdjbrown "debt vs value"
mdjbrown "debt vs value"Very important information for all!!
thank you very much.... your work and contributions to this forum are appreciated by many ++
everyone should print a copy of this off as well as the Wellington West report ( posted by ZDAT 1/17/08)
and due the math for themselves. I am not sure if the total costs listed have been expensed year to date? but if not and you remove the "drilling contracts" amount, then the sale of assets is do-able and still leave shareholder value. It will be interesting to see how the admin deals with refinancing or asset sales?
Anyones oppinion on mdjbrowns chart and how it relates to value of Oilexco with Shelley in and producing.
regards