my take-aways:
1. at least one month delay in refi ......the implication is that they are hopeful that Grieve increases .....and this can be added to the total borrowing base ......
2. min data on grieve .........flowing lots of water ......which implies it operating at a loss ......
3. the preff shares .......guaranteed to make a nice profit - regardless of the company performance .........nice return - if you can get it ........so, again imho - this has to be gotten rid of BEFORE any self-respecting insto will look at this stock ......
the complete lack of turn-over is a hint .........its cum a cap raise to repay the "expensive debt" ........
rgds
V_H
- Forums
- ASX - By Stock
- Ann: Enercom Presentation- Roadmap to 100 mmbbls and Beyond
my take-aways: 1. at least one month delay in refi ......the...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online