RE:RE:RE:RE:PollAlfTanner wrote: Bone headed management lost $7.3 million in a mark-to-market loss on financial instruments in Q4. If they manage to do that every quarter of the year, that is a loss of $29M. I just hope they can resist the urge to play financial games in the future. $29M would go a long way toward paying down debt or paying for RP2.0.
Come on Alf, you're better than this... Simply looking at a slide in the corporate presentation and you will see that the swaps and puts are all done as of the end of Q1. at that point, it is only thefix pricing at $1.23 and $1.25. 29m loss is not really realistic. I know you dislike management but it's not fair to make a statement like this if you actually look at the facts