Balanced views?24 Sep 2024 19:26
I am mystified by the view of 'balanced views'
RRR's debt situation was like a building on fire. This fire was point out over and over
But several posters objected to those types of post and replied the heat given off by the building is nice I can roast marshmellows.
I want to be optimistic too. I like looking at the positive side (RRR does have positives-DC cash, RRAl, Elephant oil) but the debt is crushing and immediate whereas those positive things will take time, time that is not available due to the debt.
So by all means roast marshmallows with optimism while I (and other RRR shareholders) not only recognized the risk, feared the risk and now take no comfort that it became a reality