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Drawdown |
Mining Weekly
Apr 10
Comment
ASX-listed Range River Gold, which is driving a hostile takeover bid for JSE-listed Firestone Energy, on Wednesday announced that it had successfully drawn down A$35-million under its convertible facility agreement with Standard Bank. Range River...
BBC News
Mar 26
Comment
Pensioners are being warned not to take full advantage of new rules on pension drawdown in case they erode their long term finances.
Mining Weekly
Nov 19
Comment
The joint venture partners of the Australia Pacific liquefied natural gas (APLNG) project on Monday confirmed that all conditions precedent for a $8.5-billion project finance facility had been met.
The finance facility would support the...
CNBC
Aug 16
Comment
John Licata, Founder and Chief Energy Strategist, Blue Phoenix Inc says the track record of the U.S. government tapping into the Strategic Petroleum Reserves has not been very successful. It can only be a short-term savior.
OilVoice
Jun 7
Comment
Independence Energy Corp. OTCBB IDNG announce that it has elected to access an initial portion of the 1000000 Drawdown Financing facility currently offered to the Company. Under terms of the Fin
OilVoice
Apr 5
Comment
This draw down has been undertaken at a price of pound1.134 CAD1.792 per share and will result in the issue of 1866813 ordinary shares of no par value in the capital of the Company the quotN
OilVoice
Mar 1
Comment
Xtract Energy announces that it has drawn down pound292500 net of all expenses on its Standby Equity Distribution Agreement quotSEDAquot with YA Global Master SPV Ltd quotYorkvillequot
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Drawdown
Reduction in account equity from a trade or series of trades. [1] A temporary reduction or decrease in a an upward trend. [2] Once you accept the concept that all energy, seasons, business, moves in cycles, you can see the drawdown as the trough between one peak and the next. A drawdown is usually quoted as the percentage between the peak and the trough. [3]
For example the data going back to 1994 shows a cycle pattern, with five major drawdown periods, five recovery periods, and four run-up periods. The average time between major drawdown lows was about 3.5 years, two years of nice returns followed by a year and a half of flat to down. [4]
c.1900 from draw + down of wells. [5]
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