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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

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TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > A positive surprise may be coming in Q1
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Comment by BFYTW2013on Jan 27, 2014 12:55pm
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Post# 22138377

RE:RE:RE:A positive surprise may be coming in Q1

RE:RE:RE:A positive surprise may be coming in Q1They are facing charges of >$500,000 for the demurrage of two trains over New Years. Current monthly operating costs are around $300k (set to rise). If they load 12 trains December/January, they'll make about $800k (optimistic). Break even, at best. And they are in the red if someone expenses lunch. Never mind $50 million in cash flow annually. At least, that's what a little bird told me.
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