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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Comment by JohnJBondon Jan 26, 2015 3:26pm
265 Views
Post# 23364684

RE:RE:RE:Overdone

RE:RE:RE:Overdone$718M is very manageable, particularly given that some of it is debentures.

They have too many options if debt becomes a problem ............eliminate dividend........sell assets etc.     Even if they were to take a loss on a sale, it would have such a positive effect on the debt situation that it would likely be good for the share price.

Will be interesting to see if this is deal related.
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