Carcetti Capital Corp V.KUB

Financials out soon

[Roddiggiti]

KUB's Q4 results should be out next week and then Q1 2022 anytime in May. At least the market will see exactly what their books are like now and all this uncertainty about cash holdings can be dispelled. I believe it's somewhere around $0.035c CDN per share after selling Uzhgorod and Eastern assets, plus profitability from RK production between October 2021 until March 2022. The Ukrainian royalty regiment change happened end of March, so today RK probably isn't making much money. But if KUB can deploy their cash into the right asset in a safe jurisdiction, stock could come back to life. I think Oil/Gas projects in Texas would make sense, especially since their head office is in Houston. Buy a field like OIL.V did and start drilling/re-completing wells.