They have any ships left at all? They sold the only good one. Now they have a fleet of rust buckets nobody needs.
You created this ID to make this one post? I think you might be the same guy that keeps posting BS all the time trying to pump up NEWLs share price like some sort of monkey.
"Bashing the stock on a message board isn't hurting NEWL."
Nor is lying about it to pump up the shares helping NEWL. The thing that hurts NEWL is the fact that they lied to investors so many times and reverse split the stock into oblivion. No need to bash it, the company bashes itself regularly. LIKE NOW!!!! What is the rate for the Markela? Why don't they say? Is it all just another LIE? Now that they don't have to file financials, YOU will never know. I suspect you will lie about it however.
NEWL is a scam and the CEO is a #$%$ or the most stupid executive on the planet. He has run this POS aground with his lies and stupid maneuvers and attempts to hoodwink investors. Do you need some silver wire? He can hook you up!!!! How about a coal mine? A bridge? Some swamp land?
Just like all the past scams about silver wire and coal mines and contracts to haul that fictitous coal, there are no details that can be verified. WHO are they hauling for on this ancient ship? And WHY would someone choose NEWL's POS bulker over MANY others that are newer and more seaworthy?
You just created this ID to pump this POS junk scam of a stock? Are you the CEO's poor cousin? Rather, poorer, as this CEO is pretty much broke and trying to get something going.
WHERE does yahoo get their numbers? NEWL calls them up and tells them, but only them? No SEC filings, no financials, but somehow yahoo gets the scoop? LOL!!!! Rave on, you monkey.
I'll bet you think the if you put in a sell order, you "lock up your shares", don't you? Seems like you buy into urban myths. You need a bridge?
Oh, look, another lying pumper that doesn't know anything about the industry or the company. I'll bet you buy the malarky this buffoon of a CEO spews forth. You need some silver wire? He can hook you up!!!
"And profits from first 2 rigs and bulkers... Should have been enough to have payed for those 4 rigs, coming in 2011..."
Still a liar that can't do math.
The producers are not pumping at a loss. The costs to drill the wells are sunk costs. That money is long ago spent. To pump a well costs almost nothing. So no, they are not pumping at a loss. What they are NOT doing is drilling new holes in the shale formations to replace those wells that are depleting. This will result in lower production numbers soon. Not this month or next, but soon. This is the big fallacy about what it costs to "drill". Yeah, it costs a lot to drill, but it depends on what sort of formation into which you do drill. Huge basins like the pre-salt near Brazil, once drilled, produces huge numbers of barrels per day for years. Completely unlike the shale formations that need constant new holes to produce at any decent rate.