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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (43108)11/13/2021 7:45:21 PM
From: Jacob Snyder  Respond to of 97350
 
< the intermediate future (say 10 years out).>

RIG cannot survive anywhere near that long. They have billions in loans due before then.

< Why would their creditors want to run them out of business>

For the same reason almost every other company in this sector has already declared bankruptcy. RIG has recently survived a near-death experience. They narrowly avoided bankruptcy, by re-negotiating a construction contract.