RE:RE:RE:RE:myhoneypou liarThis post is bang on. No sellout! Bonds actually don't mature until March 2023.
Robertboblaw wrote: Agreed old. NVA MGMT is not intetested in selling the co at current share prices or anywhere near it. They will survive and hold off in hopes of better commodity prices in the next few years. The dust is already starting to settle on this 2020 oil price plummet/pandemic and most have survived (NVA included obvi). Their debt levels are a concern but MGMT has laid out a solid plan to get things back on track. Believe their bonds are maturing in 2022 or so which is a concern but worse comes to worse they can likely use their bank line to redeem the bonds so nothing to loose sleep over. If and when commodity prices in recover in the next few years NVA will recover to much better sp down the road (and oil and gas will be back strong in 2021 and 2022).