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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: tiburontim who wrote (14473)11/3/2002 4:57:14 PM
From: Sharp_End_Of_Drill  Read Replies (1) of 206316
 
Tiburontim, a little simple math shows your position would be worth a couple million dollars if PGO goes back to 4 or 5. I certainly hope it works out for you. I would benefit nicely as well.

My main worries are that Moe's intentions are more vulture like than white knight like, and my ever present worries that seismic will be dead in the next cycle like it has been in the last two.

I think the odds now are:

35% Bankruptcy (how tight will the banks be???).

50% Moe splits the company taking the FPSOs for himself and selling Atlantis and the seismic parts to others.

15% They pull it off as is (with Atlantis sale) and live happily ever after.

Sharp
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