RE:Debt free Frank007 wrote: So what ...Frontera has a 6.2% debt .....inflation is 8% ....so. Money is free to leverage up ...Parex just keeps producing instead of aquiring cheap assets ....Yike now. Buy assets use debt ...but buy assets to grow the oil price is going over $100 for sure ....would you not want a piece up fronteras Guyana discoveries ? On the cheap .....right. Frontera shares $10.41 ......the Guyana asset alone is worth $58 u s $ per share .....yet debt free Parex ...sits on its cash ...lol.
Sounds like the words of a Snake Oil salesman.