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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by RiskyBiz39on Jun 07, 2013 9:50am
163 Views
Post# 21497125

RE: RE: RE: MORE INFO from TID mgmt

RE: RE: RE: MORE INFO from TID mgmt

Hey V. Any ideas or thoughts on debt restructure for the long run?  Maybe stock buy back reduce the float? Next year we could be looking at much higher rates around the globe. What are your numbers saying about 80 PLus % utlization and higher rates and being able to service this debt?  Question would be, even at 99$ can the continue to service the princp and Interest at a higher rate. I believe they are around 7% now. Something like 4% over Libor. Give or take. Just curious.  Thanks

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