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Harvest Natural Resources Inc. Message Board

  • bigblue904034 bigblue904034 Aug 28, 2013 12:23 PM Flag

    Anyone has any news about this sell off today?

    Is it related to another lawsuit or just someone who unloaded a position?
    The question is how HNR will ever be able to find the cash to survive until end of year if the farm out is not providing a large amount of cash?

    Financing for HNR, equity financing or a direct loan from a bank seems limited and any sale other than a farm out above 5M will trigger the need to pay off the 80M note due Oct 2014 with interest and penalty at around 90M. How Ed will be able to solve that?

    We are now at the end of August and nothing regarding Gabon? shareholders should get some explanation after Ed promised some conclusion end of July...What a company!

    Interesting interesting...

 
HNR
0.59-0.03(-4.32%)Jul 22 4:00 PMEDT