Blackwell Intelligence Inc BLKWF

RE:RE:RE:RE:deadline now Jan 8....

[jts115]

Given that you have this information, which I am assuming is common knowledge, is there anything else you want to key us in on?
 

I know the Chicontepec bidding was delayed a couple months in Mexico, but they may make the terms better,

Any idea what street value for the rigs are (4/5 million a piece I estimate)?

And then any idea on that 50 cents on the dollar figure, is that 50% of the 25 million bid or 50% of book value of DD equipment ~19 million?

Also, if they got an extension, I think they would be set, I mean the current market cap is 1.5 million

So many things could go positively for the company and they only have ~22mn in net debt (10 which is owned by CEO/BOD), so feasibly if they could get 10-15 million dollars for something, they could pay off their senior term loan