InvestorsHub Logo
Followers 0
Posts 192
Boards Moderated 0
Alias Born 05/18/2011

Re: None

Tuesday, 07/07/2015 11:35:19 AM

Tuesday, July 07, 2015 11:35:19 AM

Post# of 21090
To be honest I'm more worried about the oil price collapse along with Tullows share price over Ebola. This will make Tullow even less inclined to drill and use Ebola as an excuse. Some say they have a contractual obligation and HDY should sue if they don't. Well, with what money? At the current burn rate we are going to run out of money by August/September. Nobody will invest in a secondary offering or a farm down if there is no drill date in sight and the PSC expiring in September. If nothing is announced by January/ February giving 6 months lead time for drilling HDY is essentially done. jmo.