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Coniagas Battery Metals Inc T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF



TSXV:COS - Post by User

Post by barakon Jul 20, 2015 4:35pm
115 Views
Post# 23942210

COS needs to eliminate the dividend

COS needs to eliminate the dividend
They have massive debt. Can't afford the dividend at the current oil price, which is going to change anytime soon. This is another example of poor management. They need to rip the band aid off, and kill the divvy and get their fiscal house in order. Terminating some of the dozen $200k/yr directors that don't do anything would be a good start. Then maybe this company would be worth considering.
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