EXPM:EGRGF - Post by User
Comment by
Cardboard1on Mar 16, 2017 12:31am
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Post# 25986218
RE:RE:RE:RE:How in the world
RE:RE:RE:RE:How in the worldScottie, Scottie, Scottie... My friend. Don't you remember a company that has entered receivership last year after secured lenders, who were all trusting management and their plans previously, still pushed them to the brink? You should compare the directors roster by the way.
Here you have an oil & gas company, depending on energy prices, depending on what you can't see underground, signing up on a 4 year term loan at minimum 9% interest rate to develop new wells?
This can't be serious. This a repeat of the same recipe that brought so many operators to their knees over the past 2 years.
Cardboard