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Zargon Oil & Gas Ltd ZARFF

Energy Oil & Gas E&P
Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Zargon Oil & Gas Ltd > Revised Proposal
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Comment by Methodon Nov 26, 2018 9:00am
77 Views
Post# 29020470

RE:RE:RE:RE:RE:Revised Proposal

RE:RE:RE:RE:RE:Revised Proposal
rad10 wrote: Method

there are several ways of structuring a deal that can buy time for the company and preserve seniority for the debentures. It's not trolling - it's about getting a fair deal. This isn't my first rodeo and it is a shame several debenture holders are jumping on the first offer as though it's the only option.

The debentures are widely held by retail so I have no idea how it will unfold. Misleading, inaccurate, and bullying posts by equity holders will be challenged. It is an obligation to counteract the horsesh!t that is being touted.

Twin Butte, Arcan, Yellow Media, IBI, Fortress Paper all very different situations but great examples where holding busted converts and lobbying the board / executive has proved lucrative.

cheers

Rad10






Rad,

This is not my first proverbial rodeo either. I was just pointing out that your proposal wasn’t reasonable given the logistics and the cost. 
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