GREY:PSLRF - Post by User
Comment by
roscoe74on Dec 06, 2014 2:08pm
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Post# 23202886
RE:Some kind of deal will get done
RE:Some kind of deal will get done
You appear bitter, jenny. Are you taking wild guesses again?--------Its quite reasonable to assume that this oil price crash has affected the Maha deal and while PXL shareholders have $12 mm hanging in the breeze, don't forget the bank has $50mm.-----------In the present environment, when quality companies are dirt cheap, who wants to put $ into a company that has over $30/bbl costs to recover more water than oil?----------The key to recovering value in PXL is to find the right optimisation to reduce production water and that means reducing pumping.