OTCPK:WSRLF - Post by User
Comment by
Pkarabatsoson Jul 20, 2016 8:48am
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Post# 25067915
RE:RE:RE:GulfKeystone squeezed out by KRG failures
RE:RE:RE:GulfKeystone squeezed out by KRG failuresWZ cannot control nor the oil price nor geopolitics. What is an imminent consideration (assuming development plans approved) is how to address financing as while fully funded 2016, amended loans will kick-in with interest running. Question is will it be debt or equity and if latter what extent of dilution? Apart cash on hand dwindling, only asset is costs, which have been capitalized and fairly worthless if developments plans sour. All in all, a speculative proposition at present. Any thoughts?