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laidback
Posted in: ENQ
Posts: 13,067
Not far away now imoThis will rise this afternoon I believe
$70.63
Get on board before lift off !!
Plus Tullow's debt more than 2 x Enquest debt
$70.85 !!
refinancing news cant be far waytlw more than doubled when their refinancing completed
$70.31
If FCF is conservative £34m per month that is equivalent to 2p on sp !!
Brent @$70Not long now ..... tick tock
$69.77 !!
$69.32 !!
HighDebt is perfectly manageable at these oil prices .... in fact free cash flow is very very goodWhy are you assuming they want to pay off debt by 2023 ?Every company has debt and constant refinancing !
Look what happened to Tlw on refinancing !
I expect a 30-50 % correction within weeks
Net debt below $1bnProducing 60kbopdBrent at $75FCF at $50m per monthSp ?? 50p ++ imo !!
SmalltraderWhat are your other two stocks ?
$68.89
$68.70
$68.44
Must be dropping soon.... that'll be catalyst for major rerate here
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