Replies to post #2255 on Breitburn Energy Partners LP fka BBEPQ

[bluhorseshuluvsnfi]

They don't need to sell assets to show what the company is worth. Please read Martin Lewis" letter to the judge He values the company multiple ways (cash flow, comparable MLP's , lease rates, etc.) you name it and he has done his home work. Middle of the road analysis came back with a 4.2B valuation . That means 3B to bond holders 500MM to preferreds and 700MM left for common. This will be the starting point for the Equity committee . Deadline is tomorrow by the way.

[JollyRoger6669]

That latest MOR is absolute garbage.

How the hell do you write down $300M in assets with notsomuch as a flipping footnote?

Get real man.