Post by
flooring on Feb 27, 2013 8:10pm
Options
Someone asked if their is a better option for Avenex. Trioil Resources, TOL, would be a good suitor for Avenex. They have been looking for a deal to give value to their company. Their production is about 3600boe 75% oil 60million net debt. Look at their presentation for February. I'm sure Trioil shareholders would like to become a possible dividend paying corp, with a debt free company. IMO
Comment by
pwalk140 on Feb 27, 2013 8:12pm
Good option if they approach, but Avenex will not be a dividend paying company without ER. It's not possible.