O&G Investor perhaps you should do a little research and then tell us as how much MBL is in this company, and as to how much we owe them.
From memory we are in debt more than twice our market capo and guess who we owe that money too. How much of that is owed to MBL.??
Did you forget that part.??
Did you forget that they hold the titles of the fields as security.................just in case.??
Is that an overstatement still.??
The 10mill shares is only the beginning of a long list of things, and if it wasn't for them putting up the money to get us out of the brown mess the other day, I think that we could have been in real trouble.
As such I maintain that they are calling the shots.
Do you remember what was written in that famous quarterly report.??
By the way, I remember asking as to how much per Gj MBL got the gas off us for.....do you or anyone else knows.???
Interesting if you are to try and make a very quick calculation though..
Does that price cover the costs of production.??
Cheers
CTP Price at posting:
9.4¢ Sentiment: None Disclosure: Held
