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Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company operates through the oil and gas industry segment. It is focused on seeking a new business opportunity.


TSXV:CART.H - Post by User

Comment by nozzpackon Jun 16, 2022 11:24am
85 Views
Post# 34761392

RE:EU natural gas prices at $32 per MMcf ..RK making Money

RE:EU natural gas prices at $32 per MMcf ..RK making MoneyPerusing Q1 financials and removing one time expenses and most finance charges, while noting that operating costs will be substantially less due to the Kiev Office being shut down and written off, it looks like Q2 total expenses will be in the $150,000 to $ 200,000 range.

Taking the midrange of $175,000, Kub should have about $175,000 to pay down remaining modest debt.
The Genbacher power units ( 2 )  cost $1.8 million US and were only used 4 months at a very modest scale.
As these may no longer be needed, selling those will eliminate all remains debt, leaving a modest surplus.
Cash Will according rise by an equivalent amount under such actions..


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