RE:The bond issue is a very normal event.....
debeaude, i never said the rate was negative, nor did anyone else, you seem to have a bug up your highly self esteemed ar$e ffs. i said it would be a high rate before the rate came out, you and others said it would not. i also said it would be fine. you take everything i post as a negative where as it is not a negative, merely fact and my opinion. you and others are obviously blindly in love with iae and don't even listen to facts ffs. i thought you were reasonable and made some decent posts but now i see otherwise and have lost any respect for you and your posts.
obviously iae feels it needs the extra money to get things done and are willing to pay 4%+ above what their loan rates are. if this doesn't tell you that cost over runs on the stella delay will be more than what they have said i'm not sure what will. regaurdless they will be fine IF they execute and IF the price of oil remains close to $100.
sure they will have good cashflow from the summit deal, however it is a declining older asset, crow was projecting that 2500 boe/d to actually increase for cryin out loud. you are so full of yourself debeaude you can't admit when someone else is right or makes a good point, go seek your effin alpha, lol. you are pathetic in your put downs of fact.
cheers ferret