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Citrati

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Citrati

Re: None

Wednesday, 03/18/2020 2:24:51 PM

Wednesday, March 18, 2020 2:24:51 PM

Post# of 2645
Board is as dead as the stock.
Anyone actually think anything can happen now that $wtic oil is down to $21?
Demand across the board is dropping like crazy and oil dependent economies will have to increase sales to stay afloat. Recipes for disaster across the sector.
No way anyone can raise capital for fields in this environment. Self funding? Mr Billionaire has not done it yet, why would he do it in this environment when production would burn money like crazy?

All IMO only.
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