GREY:LSTMF - Post by User
Comment by
bushhog1on Jul 14, 2016 4:29pm
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Post# 25053808
RE:Blame management!
RE:Blame management!
LTS Debts ( Secured and unsecured Bonds) were due till in 2019
and they had no problem paying their interests.
Even in Q1 2016 when Oil prices were at its lowest they were making their
interest payments.
Oil is on its way up, why this rush to pay off their Bond Debts, that is due in 2019,
right now.
In Q2 2015 last year LTS had no Secured Bonds Debt.
Now the Secured Bondholders have us$650Mln Secured Bonds, and LTS wants them to own 95% of the Company.
Issuing Billions of shares to dilute the present Shareholders is not right.
Only my opinion