RE:PPRi'm looking forward to the NAFTA settlement and the $50 million is a feasible scenario, based on the CEO's statements.
If this happens, it will boost the stock price because it will reduce the debt by 50%.
Justhalffull wrote:
Increase in oil could bump the cash flow up to $4 million for Q2, but that's it. Too much hedging losses to improve any more. I think our best hope for the thir quarter is for us to get a NAFTA settlement for $50 million or so, allowing the debt to be nearly halved. Think the $250 million claim will never be agreed to.