Delphi Energy Corp. DPGYF

Energy

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.

GREY:DPGYF - Post by User

Delphi Energy Corp. > 254 million new shares

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Comment by Raymondjameson Sep 23, 2019 6:36pm

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Post# 30156689

RE:254 million new shares

I am a buyer at .03. Luminous has just kicked in $43m in equity (.11) and debt. This gives Dee to expand drilling in a high return on capital zone. The cash flow generated will pay for the interest payments and assist in retiring debt at a range of .85 to .90 if Dee enters the debt market to retire the Notes. This also gives the stock momentum as it is a huge sign of confidence in the asset.

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