bang.. no doubt they can't delivered as promised.. but think twice.. investor not willing to come out more money for capex.. how to have equipment to drill more Wells and pump more oils..
also be realistic..like it or not manufacturing is talking about their production rate.. if they don't have capex to improve their facilities how they going to improve the financial
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell $1.09, or 2%, to $53.86 per barrel, while U.S. West Texas Intermediate crude dropped 68 cents, or 1.4%, to trade at $49.22 per barrel.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
freddiehero
16,722 posts
Posted by freddiehero > 2020-02-06 13:44 | Report Abuse
2020 money come..