GREY:ROAOF - Post by User
Comment by
tanoon Feb 06, 2009 1:41pm
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Post# 15758880
RE: RE: Something that needs to be considered....
RE: RE: Something that needs to be considered....Jesscjames you stated a few days ago: "We need say even $150,000,000 to pay off this year, plus some cash for on-going operations -- the question you need to ask yourself is what do we need to sell to cover this? Who says we are sell all properties -- just because companies are bidding on that, or are reported to, doesn't mean this is E+Y's plan.
This whole firesale attitude is complete bs and shows a complete lack of appreciation or understanding as to what is currently happening."
Are you still convinced OIL/ONSL only needs to sell assets worth $150M to get out of the mess they are in? Or would you agree that your statement was complete bs showing a complete lack of appreciation and understanding of the current situation?