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Re: Ivegotanace2 post# 1148

Tuesday, 12/10/2019 8:00:10 PM

Tuesday, December 10, 2019 8:00:10 PM

Post# of 14202
I doubt it will go to dollars I think the float is more like 50 mill... they do have convertible notes out and also working on coming to an agreement on debt before they default. They do have some assets and reserves are high. Coming from the oil industry you have to understand lift cost, your LOE and obviously commodity price. Price per MCF is pretty low. Oil is hanging in there in the upper 50’s.