RE:Debt Rex...reason i have credibility is I don't ask or deman it but I use facts and you are not.
total debt at pne is not 56m. They have run up their accounts payable.
on page 17 of most recent annual report it says positive net cash(net debt) is (71,679) So 71.7m rounded of net debt. Dec 2022 it was positive 55.9m.
This swing in cash position is more than Certus 109m price.
again why are they paying a divy to lower the balancehseet strength into low ng prices with lots of dry gas wells.
Ygr is slowly but surely lowering the debt each year that is different than pne results.