Replies to post #45084 on Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

Oh I definitely agree, there are ways to maximize cash flow when dealing with a commodity based business. Tanking oil makes sense in a rising price environment, not a falling one. In a perfect world, Hemi would not have sold a drop of oil until July 2008 and then sold it all at the peak.

I do agree with your other points though that Hemi is lean enough to keep expenses down and sell just enough oil to cover the bills. Of course they have that $475K Wyo asset sale to draw down too if need be to pay for extra normal monthly fees and such.