EXPM:EGRGF - Post by User
Comment by
LuckyLadyon Mar 07, 2019 10:30pm
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Post# 29459211
RE:RE:RE:RE:RE:Hardeman Basin/North Texas -Up For Sale
RE:RE:RE:RE:RE:Hardeman Basin/North Texas -Up For SaleFirst the lender has not closed the doors , why the delay on the loan clearance.?
I am thinking oil price’s have bounced back 25 % this year to add major cash flow with hedges still in play .
Maybe a deal is on the table?
One thing is clear , G&A is out of control and this needs to be addressed, insiders need to buy more stock or give them the boot!
They sell any assets this cost will ballon higher , and the board knows this so they are in a box .
Texas will sell faster , Dixonville will be give away .
Either way the stock is worth way more to a take over or merger .
Either way change is coming..