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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > NR<> 40% cost over run on project.
View:
Post by TimeBuilder on Jan 14, 2014 8:29am

NR<> 40% cost over run on project.

Not a good  news release.....but honest!.....All comments welcome. TA
Comment by rollon on Jan 14, 2014 8:46am
They state that the cost overrun, which is substantial, will be funded by credit facilities already in place. I am not sure how much cash will be generated in the first phase and where that puts the dividend.
Comment by itsalie on Jan 14, 2014 10:08am
if they suspend the divvy to pay for this the stock will get crushed again..
Comment by asnets on Jan 14, 2014 9:45am
Going to be a rough day...ouch!
CANEXUS CORP 6.5 PCT DEBS
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