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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!
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To: Elroy who wrote (85)6/6/2024 5:24:59 PM
From: Elroy   of 100
 
Listened to the NGL call.

Interesting - they say now that the balance sheet is fixed and the preferreds are current and they have the unit repurchase authorization, they can purchase any part of the capital structure (pay down term loan debt, pay down revolver, repurchase preferred stock, but units). They think the units are the most attractively priced item in the capital structure.
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