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recap7

Re: Timothy Smith post# 424

Sunday, 09/20/2015 5:56:27 PM

Sunday, September 20, 2015 5:56:27 PM

Post# of 549
Options for MPO are dwindling. Hard to sell assets when several companies may declare BK within the next few weeks.

Impossible to borrow, MPO is already maxed out with debt.

Unless oil prices turn around quickly, I don't see how this ends well. ... and that's becoming a long shot, thanks to Obama letting Iran sell oil again.
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