GREY:TBTEF - Post by User
Comment by
jackripperIXon May 25, 2016 8:39am
102 Views
Post# 24902154
RE:RE:If oil was 35-40$
RE:RE:If oil was 35-40$looking4hits wrote:
A agree. Creditors can't defend putting the plug on TBE at oil 48$ when the commodity production is shrinking and the demand is growing.
Of course, they will calculate all the risks involved into letting TBE continue. The bank will make sure they can get every penny back instead of just pulling the plug on a company, waste tons of ressources & time to sell assets and in the end, still losing tons of money / cash.
I guess i don't even have to say how bullish oil has been these past few days, i believe we can see 55$+ this summer. The chances of survival of TBE has increased even more. Its logical to keep your shares in case it goes back up, what do you have to lose anyways? You have probably lost half already.