If their new credit facility is in place in December and it allows the ~$1.7M expense immediately, they can potentially gain some real value for shareholders before Dec. 31.
This has obviously been blessed by our buyer as it will require $16-20M, I'm guessing, in contribution from us for those horizontals. If we were getting a big carry, I'd think they would have trumpeted it. Much to be learned about this but at least we're viable and relevant.
Why not put some of this in your earnings statement instead of saving it for the call? You reach more folks through the written releases and this stuff is important.
The Company will be discussing second quarter financial results for fiscal 2014, operational updates including expansion, new accounts, and continued product and service demand. In addition the Company will detail how short term environmental regulations are increasing opportunities. Mr. Danzik will also be discussing how the Company's recently expanded environmental and reclamation division operates and Company 2014 revenue goals. In addition, the Company will be discussing its planned excess real estate sales.
Have you bothered to compare the 2Q and 3Q 10Q's, chkotime, or are you just a message board BS'er. You'd have your answer. They present their data in a very straight forward manner. You are a hollow suit.
Growth in Kansas has been too slow and returns too small for this market cap. It's all about the Adena field in CO and all Watson wants to say now is, "check back with us later." That gets you a red number for the closing price. Thanks, Robert.
The next test for Transier is whether he gets the second Rochelle well hooked to sales in December. If not, Jonfelix and his pals continue to rule. He's right that Transier has been over-promising and under-delivering for years. I thought he would break his string in late September but was dead wrong.
I suspect we'll find the BOD has awarded themselves similar abdication rewards. I don't recall such a feckless BOD. Dole is wired this way, but the BOD, I'm stunned.
I suspect our potential buyers will be satisfied with these numbers or even happy that the multiples to establish a sales price will not go through the roof.
The last guy had to clear his throat over the $100M capex spend each year going forward to get to 40K bpd. Brent had better hold up.
This is the second company in a row Dole has done this to. He can deplete reserves, production and shareholders equity as well as any executive on the planet. And yet on the call he professes to not being able to understand the market.
I think they'll wait for the December update, but it's coming. Nobody will go out on a limb with Transier. He appropriately tempered his enthusiasm today.
The category should not be "independent", but "un-tainted.' The present directors are an embarrassing group of toe-the-liners. Unless Dole announces his retirement in the Q3 results release, tax-selling will continue though Dec. 31.
Perhaps, rufus, if Schiiler can cut the right free cash flow deal. It's no O'Boy deal yet, but if we go, we'll know that it's a sweet deal. Are your parents from West Virginia by any chance?
I bought 1000 shares late today and wrote 10 call contracts against them for $0.13 premium at December $7.50 strike. When you have a big short interest in a stock the shorts need to hedge with long call contracts and bid aggressively ahead of an event like Q results and a conference call. The total return percentage will be sweet if they're called away.
You're right that the $500.00 annual subscription separates the investors in "Emerging E&Ps" which is the heading for the section which contains this article, from the shoe clerk bashers on the no-fee chat boards.
While they have apparently done enough to stave off natural decline, you can imagine how prohibitively expensive and abusive this financing will be if they can even obtain it. They'll take it of course because they have to and the new masters will be the debt holders, not equity holders.