GREY:ROAOF - Post by User
Post by
yikes1on Jan 23, 2009 6:23am
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Post# 15723037
Debt dues on Jan 31.
Debt dues on Jan 31.I heard one analyst say they needed to come up with 200M by Jan 31, but the bank can pull in a loan at anytime right? I'm not saying RBS has done this, but it just seems too sillywilly for Art not to sell of Huntington or whatever would equal his short term debt. There must be more to it than just meeting the short term debt. Anybody know? With Shelley all but set up, he could have cancelled any exploration and new projects and just pumped oil for a few months. I'm sure this was explored, if this was the case, but I wonder why he didn't cut off the arm to save the life.