GREY:NKRSF - Post by User
Comment by
monzieon May 31, 2016 11:33am
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Post# 24919352
RE:man the pumpers are rentless here
RE:man the pumpers are rentless here bigbird456 wrote:
so what if they not holders extends nko payments ect. means nothing as they have too sell everything in D6 as thier best assets so they can drill. the bangalish assets is worth pennies to the dollar inwhich they paid for they can't even sell thst as it is junk as all thier assets you can't make money it has been proven look at thier q reports. 1$ is a very good dream .there are so many oil compaines out there with better assets cash on hand and fraction of the debt that is worth .50 and .40
Actually I think its you that needs to look at the Q reports again. The Bangladesh assets are the only thing making them money right now (look up the definition of net profit). Who knows what they could get or if they're even interested in selling it outright for the time being. They were only interested in selling it a few years ago because they thought the Indian assets were worth alot more than they currently are. But they're also gonna need funding to contribute to the new drilling at kgd6 so maybe a JV or outright sale is back on the table. Once again who knows for sure? Not me and definitely not you.