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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by Fullblaston Nov 13, 2013 10:58pm
173 Views
Post# 21904283

RE:Correct me if I'm wrong...

RE:Correct me if I'm wrong...
Selling a rig will not solve everything indeed, but we assume that the company was also able to tap into the bond market to refinance its operations and that utilization is up. The market has been assuming the worst because od the balance sheet (debt), so if we have a clear indication that the debt situation is under control, the fog will lift. That, we will see tomorrow.
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