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Bullboard - Stock Discussion Forum ROK Resources Inc V.ROK

Alternate Symbol(s):  RKRWF | V.ROK.W | ROKRF

Energy Oil & Gas E&P
ROK Resources Inc. is a Canada-based oil and gas company. The Company is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted... see more

TSXV:ROK - Post Discussion

ROK Resources Inc > Debt or lack thereof.
View:
Post by Sudirman2 on Mar 23, 2023 2:03pm

Debt or lack thereof.

To paraphrase Sgt Barnes, Circa 1986: 

"Debt? What you all know about debt???"

"By June 2023, the Company's senior term debt is expected to be paid off entirely, providing the Company with incremental cashflow of ~$2.5 million per month,..."  ( Bolding mine)
Comment by MrDales62 on Mar 23, 2023 2:23pm
Nice to be debt free and have free cash flow. Return a portion to shareholders? That would be nice. GLTA
ROK Resources Inc
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