GREY:LSTMF - Post by User
Post by
bushhog1on Jul 04, 2016 5:32pm
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Post# 25021109
LTS and their over due payments
LTS and their over due paymentsThe CEO said in May Q1 Conf Call 2016, that they expect a positive cash flow for Q2, even after accounting for the accrued interest payments for June 15.
The CFO said in March 2016 at the Q4 Conf Call
"Under our debt indentures, we have the ability to issue up to $750 million of first lien debt and we look at that as one of the options potentially available to us to reduce any liquidity risk we might face the result of the reduction to the borrowing base."
Trust them to make the right judement call
Only my opinion