RE:buying back debt with TOU sharesI forgot to add with much lower bond outstanding, interests costs will go much lower as well and netbacks will increase substantially.
I'm just kicking myselfing for not thinking of this brilliant move.
PMT will go to 2.00 by the time this is said and done and then will issue 10-20 million shares at 2.00 and raise capital for Panny Lead project phase 2.
Brilliant brilliant,
2.00 bucks here we come
just my 2 cents DYODD
p.s. if you are short my advice cover quick because this dela has the potential to improve operating earnigns substnatially from negative CF to positive CF and quick.
if NG prices recover by next winter, then bam big increase in CFPS and SP.
wow BRILLIANT