As per my earlier forecast I think this one will continue to drop over the next few days
i expect that we will be in the 3c range tomorrow. Time is not on our side and the days are slipping by now.
Anybody rescuing the company will be having to swallow the $25 mill a year that is torched.
In my view the restarting of World economies will be a stop and start process which is likely to foster a slow recovery in oil and gas prices.
Anybody taking it on will probably have to find money for 3 years minimum in my opinion. There are many investments one might make with potential to bounce back faster.
The sp???? - downsky from here.
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