Long Run Explor Ltd Ord WFREF

Overdone

[smallcapstocker]

Good entry point for me. Too good to pass up. Extremely cheap. Good oil hedges. Good insider support. I don't see another dividend or guidance revision in the near term.

[ILUVDIVIDENDS]

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[smallcapstocker]

I get it. $718million is managable

[JohnJBond]

$718M is very manageable, particularly given that some of it is debentures. They have too many options if debt becomes a problem ............eliminate dividend........sell assets etc.     Even if they were to take a loss on a sale, it would have such a positive effect on the debt situation that it would likely be good for the share price. Will be interesting to see if this is deal

[ILUVDIVIDENDS]

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[Reddale]

Luvdividends, wow that is harsh. Have you talked with Investor Relations in order to make your statement ? Red

[noelcurrie]

If it goes to 50c I'll be doubling up on the holdings! If it goes to 25c, double again!

[99999gold]

I like that - conviction, that's all you really need...

[ILUVDIVIDENDS]

This post has been removed in accordance with Community Policy

[99999gold]

oh you mean good money after bad? right that timeless advice, yeah but I doubt any of us here have unlimited funds and my advice still stands. It's really should be an investing an advice as well. 

[deccaman]

current BV is north of 4.00 it is not going to zero  and likely not long around a buck for that matter, this is just  mkt manipulation combined with current situation and a group of players leading the  sheep to slaughter  and coming out the other end with the mutton to sell for huge gains  .  retail investors and computer trades getting hammered.  this game is