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Burnt before

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Burnt before

Re: Ikalam post# 27066

Wednesday, 02/08/2017 10:44:45 AM

Wednesday, February 08, 2017 10:44:45 AM

Post# of 58072
They have not paid for them yet, that is $300 million it still has to pay up if it takes on all 4. Also your figures are a little off TOTAL backlog is $390 million for 4 contracts combined , that will be just enough to cover the cost of the ships in the first place, and my maths makes it unlikely they will be able to purchase all 4 in the first place unless they want to $200 million in debt with no cash on hand.

http://dryships.irwebpage.com/press/dryspr010517.pdf

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