Have a read of the Q1 Earnings Release put out by LONE
https://www.sec.gov/Archives/edgar/data/1661920/000166192020000057/q12020earningspressrelease.htm
Reading the "operations story" LONE is fighting hard ... doing the right things with shut-ins and cleverly storing and selling the product mix to get the best price .... and hedged via swaps out the Wazoo.
And yet they are on the verge of financial collapse .... because you pay back your debts and the hole in too deep. The once chic assets now look shabby .... and shabby chic ain't worth much say the bankers.
Be good reading if SNDE could at least inform investors what occurred during the quarter operationally like what LONE has done.
SNDE 2019 10K (Annual Report) Released, page-287
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