Premier Oil (PMO) is drowning in $2.6 billion of debt but when you owe that much it is not you who is in trouble but the lenders. And so today we are told that those who are really screwed by the situation are continuing to pretend everything is okay. "Fingers in ears can't hear you, pillow on head, can't see anything wrong". Whatever.
on ShareProphets | CommentsFiled under: