ann out, page-7

Petrochemical
I have been following oil a has stocks for the last 10 years and I must say this one seems one of the very few that may go under. The reasons being is that at these prices not even a CR can realistically be contemplated to raise the CN funds nor does the one asset suggest there is enough upside to farm down and raise the funds.
Major oil companies spend alot on permits but they are as quick to walk away when the lose confidence. I could be wrong but the company needs funds not only to pay CN and cover corporate overheads but also needs funds to cover their share of any future drilling.
What are your thoughts on how they will pay for the CN