@PKsNYC@JosephTMetcalf Joseph as you and I discussed there may be a different pool of lenders this pilot could be done with. The ABL lenders will understand this. Would need to learn more to be certain. Live to have a conversation with right person at Minehub
@ErikSTownsend If I was an insurance underwriter at one point do I tell my boss “okay we are good to provide insurance again”. That still has to happen. How is one supposed to make the decision that the risk is contained and insurable?
@BruceGoose007@1MarkMoss Jetch-With all due respect that is the power of “X”. People share their views and back and forth dialogue happens allowing a reader to come up with his or her own view. Nothing to feel ashamed about.
@thewatsonview Listening to the interview. Lower pricing is nice but higher advance rates against the collateral also important with less reserves against the collateral.
@ErikSTownsend@Rory_Johnston Has to be very difficult for an insurance underwriter to assess the risk if and when there’s an agreement. That is a gating issue, no?
@JoshCrumb@GuyChase9 If Abaxx wasn’t funded it’s an issue. It has been funded and the latest $50.0 raise solves multi year capital. We are good. Now it grows.
@James_Duade I’m thinking that the 11x price to sales figure is assumed for a company generating 50% profit margin. Is there support for that profit margin assumption?
@ErikSTownsend The possibility that this will end the fighting is a win. Iran sustained a lot of damage. Definitely slowed them down in what was becoming a very dangerous and growing world concern. The media will call this a failure and they will be wrong.
@MarioNawfal@Kathleen_Tyson_ NYT is not a source. The writer at the NYT is relaying the story from a “source”. I did not read the article but I would guess the source is that “Anonymous” guy again. He is the source for a lot of their articles.
@matt_fernley@bagcutter Your other point about having your own secure source is very relevant. Oil producing regions are always at risk. Interesting post.