Replies to post #576 on Lilis Energy Inc (fka LLEXQ)

[tmeier]

It has to be over 1.00 anything less they are ripping us off to benefit Varde.

[flaflyersfan]

chops, LLEX values their properties at $426 million with $240 million in liabilities with $190 million being long term;

The problem that LLEX loses $306,000 per day including weekends and holidays. The value is in the properties but LLEX cannot make a profit or even come close;

https://www.sec.gov/Archives/edgar/data/1437557/000143755719000077/llex10q-20190930.htm

Good luck