GREY:CAZFF - Post by User
Comment by
Fullblaston Feb 19, 2015 2:31pm
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Post# 23444661
RE:Be Cautious - News Out
RE:Be Cautious - News OutHi ROI.
Most analysts expect 65-70$/barrel by Q3 2015. There is a lot of geopoltical uncertainties, but anything can happen at the next OPEC meeting in June, maybe before. Also, I don't see why a creditor would lend money to a company it expects to go under within 12-18 months. Mind you, CAZA is also a good take over target. Today's press release isn't telling us anything new, except that CAZA just bought some time while the going gets tough.