GREY:LSTMF - Post by User
Post by
kmappon Jun 10, 2016 8:14am
157 Views
Post# 24953762
Harold Hamm why I predict 70 oil by the end of the year
Harold Hamm why I predict 70 oil by the end of the yearInteresting video discussing the fact the world is already in a deficit with oil production earlier than expected. What worries me is LTS is running out of time to benefit from the change in trend. LTS has 40M+ interest due in 5 days, although when I discussed this with LTS they will have 30 days grace to settle. Will LTS have the debt financing in place in time, by the end of June to mid July to prevent default with this 42M and the looming 121M? Will LTS end up the same as TBE, extensions etc. leaving shareholders in limbo for weeks to months to come? Hard on the nerves but still holding on trying to keep positive waiting for the outcome. GL to us long suffering longs. kmapp
https://www.bloomberg.com/news/videos/2016-06-09/harold-hamm-why-i-predict-70-oil-by-the-end-of-the-year