GREY:PEYTF - Post by User
Post by
alxorenon Aug 11, 2015 9:18pm
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Post# 24009240
Well , we have another loss of 102M CAD (1,83$ p/u)
Well , we have another loss of 102M CAD (1,83$ p/u)94M of it impairment (reduction in the value of assets) - about 1.71 CAD/u
Finance expences increase by 0.7M per quarter due to higher interest
Unit holders equity now is 20.85M$ which is about 37.7 cents per unit
I do not see 3rd quarter much better ... at least another 6$M loss
lets hope the NG and NGL will save our sorry a**es in the 1 qtr of 2016
Hold on tight for this roller coaster ... can it go lower than 9 cents ?
the only cundle in the tunnel:" Reduced bank debt by approximately US$0.9 million. This resulted in total bank debt of US$157.7 "
Another 200 quarters and we are debt free :-)