GREY:TBTEF - Post by User
Comment by
qwqwon Jun 27, 2016 8:56am
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Post# 25000483
RE:RE:A message to management
RE:RE:A message to managementI expected Sinopec (buying Long Run(LRE)) to come to their senses sooner or later
and dump LRE, and buy Twin instead or they could buy both.
LRE only has a little over half as much oil production as Twin and is paying $50 mil/yr
for interest.Why Sinopec is willing to pay close to $800 mil for LRE when they could
steal Twin for under $300 mil?????????