RE:RE:Cash position (per Q2 release)First off the $188 mln you have doesn't match yesterdays royal bank report tfor amount it owns previous owners of Amaca. That came out yesterday so I stop reading your posts now and don't believe your #'s anymore. You make up the earnings. THey have lots of expenses & interest on their borrowed money - loans plus what rbc called long term debt payment. You are giving this community discussion false remarks.
greatplay wrote: Company needs to pay for BP 144 MLN = $188 MLN (US) by February 2017
On October 1, 2017, a 1st portion, I'm assuming (188/2 = $94 MLN)
It has 145 MLN cash plus $200MLN credit facility (which has terms), you can't just take it away...
Plus company earns $177 MLN per quarter
What seems to be a problem?