NYSEAM:PLX - Post by User
Comment by
mike49on May 05, 2018 6:42pm
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Post# 27987798
RE:RE:News
RE:RE:NewsNo stake here now;I follow because I want to know what goes on in my back yard.
Npv of 6 mil bought for 780k?
Goes to show why banks shy away from reserve based lending now.lots of unknowns in the operating income figure,too.and I don't believe that asset price for a second,banko court or not.the regulator is in Dutch for unfunded liabilities.in their best interests to fudge the ratios to prevent more egg on the face.
Anyway,1000 boed minus 315 acquired leaves 700 or so that was supposed to be 1000 on its own by now.
When things are too good to be true,they are too good to be true.