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Charles Taylor Group PLC CHTYF

Industrials Business Services
Charles Taylor PLC provides professional services to the global insurance market. It operates through Management Services, Adjusting Services, Insurance Support Services and Owned Life Insurers businesses. The company follows fee-based model. It is in the business of underwriting and broking support services, loss adjusting and claims management services, insurance operations and support services, insurance company management services and specialty services. The company has offices in UK, Americ


GREY:CHTYF - Post by User

Charles Taylor Group PLC
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Comment by seym0reon Apr 10, 2014 12:14pm
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Post# 22435450

RE:RE:Drilling is changing the prospects

RE:RE:Drilling is changing the prospects
From the PR they say... The net proceeds from the Offering will be used initially to reduce bank indebtedness and thereafter to partially fund the Company's continuing capital program and for general corporate purposes.... I read this as they are lite on some cash for the day to day. Although the proceeds are a nice chunk of $$$, I am hopeful they are working on a deal for some additional assets. It would be a waste not to. With that being said, does anyone know if tie ins are generally included in a drilling budget?
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