Long Run Explor Ltd Ord WFREF

RE:Perfect set up

[Ahkenahmed2]

Indeed.  IMO if by issues you mean - significant, then Yes there are debt issues.  But they are managable provided oil stays over 52 for intermediate term.  LRE has considerable plus side to fairly offset the debt - they must however, demonstrate reduction - else they get pummelled again.  They need to be righting the company back to dividend paying ability status and that surely will usher in a change in the pps.  Chinese proverb says take care of business, money will look after itself.

@.66 it would be a certain bargain.  We shall see just how far they will take it.