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Bullboard - Stock Discussion Forum Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

GREY:LSTMF - Post Discussion

Lightstream Resources Ltd. > What the PWT deal means for LTS
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Post by biketrader98 on Jun 13, 2016 11:05am

What the PWT deal means for LTS

I think the biggest change is that the banks will have a new set of valuation metrics and will be able to easily extend the LOC back to where LTS can continue normal operations. With oil at $50 and above, they can flick the switch and restart growing production.
Comment by Kaybob on Jun 13, 2016 12:50pm
No they can't.  
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