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Continental Gold Limited New CGOOF



GREY:CGOOF - Post by User

Comment by ts9222on Jan 19, 2017 9:38pm
116 Views
Post# 25731885

RE:value

RE:valueIf CNL is that great you have nothing to worry about, a few posts about a neighboring company.

>> - only 3 mio on cash left <<
Wrong. They received $4m cash Q4 from VAT refund. Another $5m cash due from VAT refund.

>> - total debt more than 200 mio <<
Wrong. $150m debt, most of 2018 debentures will convert to shares on choice of company at conversion price higher than current share price.
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