RE: RE: ALLIN IDAHOIn your mind you are sharing information I'm just not sure it's very factual. Again I must question your information, keeping in mind that I want this play to work as I am heavily invested here and PXM.
From your earlier post:
Q) when will Perrico start producing on the north sea assets?
A) Perrico hasnt given a firm timeline
Who is Perrico?? Are they another company that BUK is involved with?? or do you mean Perenco? If you are trying to be informative at least refer to the actual company's involved using their actual name.
Q) Is bridge far along in the process of debt restructure and is there a timeline?
A) Bridge is securing finances and should have it completed in sept, hopefully earlier then later in sept
The question and answer do not make sense to me. You asked about debt restructuring and the answer was about equity financing. Thise are two separate issues unless the lending syndicate were planning on restructuring BUK's debt and giving them more money while they were at it. I can't see that happening considering BUK does not know when Durango will be producing again to help pay off their debt.
The information that you share is neither helpful to the informed shareholder or helpful in my opinion.
Before everbody starts to ignore me just remember I believe this play will work out but pumping by supposed BUK experts does not help.