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Post# of 9742
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feinanddandy

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feinanddandy

Re: redlobster post# 9618

Thursday, 08/14/2008 11:50:19 AM

Thursday, August 14, 2008 11:50:19 AM

Post# of 9742
You're right, nobody really knows. Although the one thing that is factual is the 1.6mm barrels of oil they have. At today's pricing $113.26 that's over $180mm in reserves.

I'm hopeful someone buys enough oil from them to cover the debt soon, leaving roughly $105mm left in the Company going forward.

GLTY
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