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Estrella International Energy Services Ltd. EENZD


Primary Symbol: EENZF

Energy Oil & Gas Drilling


GREY:EENZF - Post by User

Estrella International Energy Services Ltd. > From Warren
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Comment by RBCHY7on Feb 22, 2013 11:04am
151 Views
Post# 21028683

RE: RE: From Warren

RE: RE: From Warren

Make no mistake...I'm not happy with this and you may be right to be paranoid.  I just wanted to pass along the comments from CEO since they do such a bad job of shareholder communication. 

POSITIVES: Southern Cross has no problem dumping $35m+ into EEN; Credit Suisse loan will be fully paid in 2015 - they will be debt free in under 3 years; Consulting and Service revenues are growing fast; claim to be profitable by end of 2013

NEGATIVES: two major shares dilutions in a year; rig rate at all time low (Q4 will be much of the same); no liquidity in the stock; too many shares outstanding; we have to wait till mid-April to get year end results and 2013 outlook

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