GREY:LSTMF - Post by User
Comment by
orlandoflon Jun 10, 2016 11:11am
129 Views
Post# 24954565
RE:RE:Harold Hamm why I predict 70 oil by the end of the year
RE:RE:Harold Hamm why I predict 70 oil by the end of the yearbushhog1 wrote: The Interest payment for June 15 is about $32M ( varies with the Cad$ exchange rate)
The CEO said its not a problem because in Q2 they were making well in excess
of $20,000 cash flow monthly plus they have ample cash balance.
Also helped by Oil prices going up.
Their problem is to address the $121M due by the end of July 2016
if they make that payment I think that would be a positive sign