InvestorsHub Logo
Followers 34
Posts 1880
Boards Moderated 0
Alias Born 03/31/2015

Re: Timothy Smith post# 28

Wednesday, 09/23/2015 7:19:57 PM

Wednesday, September 23, 2015 7:19:57 PM

Post# of 131
Insiders Bought $210,114 of within past 30 days



they are 67% hedged out to Q4 2016.
IR expects a 10% reduction in Borrowing Base.
This would bring borrowing base to 200MM
So no cash raise would be needed.

Cash cost per BOE is $28