LHD lochard energy group plc

first oil, page-10

  1. 38 Posts.
    Betty Knutsen has now done several trips out to the Athena so plenty of product getting back to shore. Can't believe that with this positive cashflow things are still going south. Yes we have debt but surely any cashflow has us in a better position now than we were a month ago. I know europe is going to Hell in a handbasket but its going to be awful cold without oil to burn.

    Anyone have any thoughts on whats holding us back? I take it we are in reciept of funds from oil sales already.

    I'd like to buy more at these prices but without knowing whats going on I'm a little risk averse.

    Look forward to your replies.

    Cheers and beers,
    Ragz
 
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