RE: The debt24 Oct 2019 17:50
ok nickel.... its a bit like this... $1 billion sounds alot to most people. mention a billion dollar debt - and most people run for the hills.... which... im guessing you want them to - its part of your day job to promote the fear into people. i get it.
its no different to owing your bank £1,000, and yet you earn... nothing, which means inevitably the bank... unless they are real stupid... do not give you a loan. makes sense so far? are you with me?
and so nog... hige infrastructure, money in bank, wells that produce and scope to produce... alot more.
a million, billion.... zillion.... it matters not if you have the scope, latitiude and potential to pay it off.
now someone... some big instititutional investors seem to think that nog can pay off/restructure the debt. i cannot believe im talking to an mm like this? why am i telling you this? its simply because im purely bored... im actually bored of writing this drivel to a person, paid to deramp, paid buy a bank, who has to get up in the morning, put a suit on still probably and just communicate on boards like this??
is this what your degree was about? search your soul nickle.... did you really sign up for this? your poor sod.
as i have said.... nog is a gamble, there is no point your boss trying to get you to deramp this. its going zero or hero.
but if you are bored in your job, then look up david seabridge - thats me.... im kinda alot bigger than you nickle, and i understand you have to do your job. im just here to give people the reality.... and i hide behind... nothing :-) i dont have to