Replies to post #18452 on Hyperdynamics Corp (HDYNQ)

[Money Mike 1]

That's a good breakdown of the current burn rate. Having more cash to last longer will not matter if the drill bit does not hit the ground by September 2016 as they will lose the license. Unlikely the govt of Guinea would give a tiny cashless company like HDY a new lease as they would most likely look for oil giants.

[InTheDeepWater]

Great Post phxdishman. Thanks for sharing that.