what about the debt!you read through the presentaion and it all looks OK... Princess has been OK for decades... Evi has been not so great but good for decades... but we know there is oil.... and they find channels and that is great... if those channels continue to give the company good wells.. all is good for this team... not a bad team either, some good pedigree from Compton days and Arsenal and now Marquee... I mean they talk about under spending cf... well hell yes they have a lot of debt! Yet, they do not want to show any plan to pay it down to a more resonable level...
I kinda like this team... and like I said, oil is there at Priincess and EVI... share price looks really cheap... just the debt... and debt crushes companies... lever up is good in good times... but good times also means pay down the debt. Get it to a better level.
whats ya all think? any worries about all that debt!