GREY:TBTEF - Post by User
Post by
Godisgreaton Aug 31, 2016 7:19pm
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Post# 25197413
TBE
TBEWhatever the reason, But sometime, feel at this moment when oil price is up and better than first quater and company was in positive cash flow. And mostly medium to heavy oil assets are considered better than light oil when oil is above 50-55 dollars. Oil is not to that mark yet but can touch that mark in couple of monthes or by start of next year. Bank Syndicate always consider all aspects before making this kind of harsh decison. Still Company is ending up in receivership. This "WHY" is making me curious that something still hidden which we don't know.