Bewildered14 Jan 2019 10:56
I'm not expert but some of the comments on here are laughable.
1. Just like any company there not going to disclose every thought in a RNS, they have competition and have to play there cards close to there chest.
2. If a deal goes through I don't have the knowledge of the likes of Andy.p but theres two things I will be looking at.
firstly will the debt to revenue ratio improve, if so I m all for it personally!!
secondly will the overall total cost per barrel of the new combined company be lower than $45 a barrel which premier are producing at, also if so it improves our business model.
There are other things like liabilities etc but ultimately can we pay the debt down at a higher percentage than what we are currently.