cash burn, page-8

  1. 143 Posts.
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    Dan Dan as I've said (several times) I agree with you on the buyback but you wouldn't hear that would you, too busy listening only to yourself. I will explain slowly this time so maybe you can understand. All your posts are negative and the information you give is simplistic. Did you look at the recent oil buy and do the maths. No? Well I did and presented it to you but you just mock. Showing your ignorance pal. The loan is 230 mill but it is only secured by that asset, which is cash positive anyway. Maybe linc aren't experienced in oil, maybe that is why they bought a producing field in which they can increase production with eor. again thay explain it by saying they need cash flow, isn't that what you want?
    You haven't even waited for the 90 days timeframe before calling the teresa sale late or is again the maths too hard? I could go on but its probably enough for you now.
    I don't know what you want from this company but it aint BHP, its a risky, high risk high reward company and I for one have never run a billion dollar company, Have you?
    By the way, its not the criticism that irks me, it is the I know better, they can't do anything right attitude.
 
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