Looking forward to this week on wonderful aim . I won't be tempted to invest in motorway plots from a failed Spanish estate agent . This sp is way under valued. So fill your boots and make some money gla
I think it's quite sad, that some poor lonely old man, has been reduced to living out his last few years, lashing out with bitterness on here. I genuinely do, and I resent myself for the anger he can inflict on me. Oma, I'm sure there are bridges that can still be built in your life.
Martin LGO's Landau states ""As the Company and the industry as a whole adjusts to the sustained low oil price environment, we are pleased to have reached this agreement with BNP Paribas. This will provide a firm financial platform for LGO to maintain the momentum of our oil production operations in Trinidad." This is after the company loses its funding from BNP and has to pay off a $10.8 million loan over 21 months at 5% interest which excluding interest works out at over $500,000 per month which at current oil prices means that about 400 of their daily production goes on paying the debt and they have little funds left to support any drilling. My figures are approximate and subject to change. Oh yeh, LGO is a much better bet than Range. Pile into LGO guys!!!!!!!
Look at the aggregated position of the 3 companies compared to RRL. The combined entities are in a much stronger position. RRL has to take on more debt than the combined entities to match their production. Just different stages in the development cycle.
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