GREY:WFREF - Post by User
Post by
Sumcan2on Feb 15, 2015 1:19pm
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Post# 23431829
Covenants
Covenants I agree with you ppp, that they should not have trouble through 2015 paying their debt. What are the consequences of being in non-compliance of their covenants if that happens even though they will still be cash flow positive. They stated in the last update that they were being proactive and talking to their bankers prior to the May review. We just need to be patient. Most of us agree that the market is under valuing LRE