02-13-2016, 05:53 AM
The PRL-39 payback is paid back from LNG cash flow , without interest payments .Traditional debt requires repayment of principle and interest usually monthly . Not so with the PRE repay . Not debt In the traditional case. Hession stated they should not have to tap into the line of credit . Most would think he knows more about the company finances then posters on the board . He was going to cut expenses from where they were down to accomplish that objective . Using older overhead numbers and projecting forward is not proper in this case . Both Hession and the CFO signed off on those statements . They know more .