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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > 100 million in Liquidity
View:
Post by MyHoneyPot on Oct 14, 2020 10:20pm

100 million in Liquidity

POU is going to add 100 million liquidity to NVA balance sheet when they buy them, or maybe they already have. 

The NVA bond were trading at a 40% discount to face value, buying the bonds first then picking up the equity, ensure POU when they buy NVA they will be even more room on the balance sheet. 

That is about 40 cents a share discout, based on the 61 cents pou paid for the stock that would represent buying the shares at 20 cents.

NVA - life is short and then your dead.

IMHO
Comment by BushweedJA on Oct 15, 2020 12:42am
This post has been removed in accordance with Community Policy
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