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Re: alkalinesolution1 post# 43158

Monday, 01/15/2018 2:47:30 AM

Monday, January 15, 2018 2:47:30 AM

Post# of 56468

It's likely they could drag it out to March or something, given that their burn rate is probably not too high(?)”

Last Q they burned close to 7k a day...basically 10% a week of the last Q cash position. They are not going to be able stretch anything out and previous along with current management have never been conservative in anything they have disclosed...that continues today as evidenced by the brush off one line sentence addressing the KMI contract suspension. Management will milk this for another 12 months.