RE:Elephant in the Room - Servicing the DebtMrHamilton1965 wrote: Anyone other than me slightly concerned about our ability to service the debt [$3.2M/yr] in the early years of this loan? This will strain EBITDA at a minimum. Also worrisome is if Fengate opts for the conversion. What’s the net effect of this on SP and EPS with such dilution…or better stated, how bad could it be in the short term [or even for the 5yr term of the loan?].
Morning fellas. I'm sorry if yesterday's post came across negatively. If anyone has read more than two of my posts, they should know I'm long and in very deep and often post very positive findings and opinions, but those posts do get balanced by a few that have the flavor of disappointment or concern. Hey Vette, you know how much I have vested in this play and how great a company we've found to knock it out of the park for us...and BTW I did send the question to Bigg. We will need to wait until next week, until Lobo comes back from American Thanksgiving. Should be a good long weekend of football and money making. Cheers!