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Bullboard - Stock Discussion Forum Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company is focused on seeking a new business opportunity.

Bullboard (TSXV:CART.H)

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Comment by nozzpackon Feb 05, 2022 2:53pm

RE:RE:RE:RE:RE:RE:RE:RE:Kubgas stake is sold

The $8.3-million (U.S.) in debt was settled in full through the repayment of debt and the simultaneous issuance of $7.9-million (U.S.) in dividends to the company with the difference being the ...more  
Comment by JustforFun7on Feb 03, 2022 2:46pm

RE:RE:RE:RE:RE:RE:RE:Kubgas stake is sold

Agree. The company is not debt free. Not sure how much remains. Does it not seem from the PR that the November dividends was part of the deal to pay off the debt? Divys outstanding + proceeds from ...more  
Comment by Cross19on Feb 03, 2022 12:47pm

RE:RE:RE:RE:RE:RE:Kubgas stake is sold

Not so sure. To me the last NR focus solely on their relationship with Kub Gas. Their debts with Kub Gas, their dividends from Kub Gas and the sale of their 35% stake in Kub Gas. If you prove me wrong ...more  
Comment by nozzpackon Feb 03, 2022 8:42am

RE:RE:RE:RE:RE:Kubgas stake is sold

No need of that. Its very simple. Did you include the $3,71 US investment in Kubgas ?
Comment by Cross19on Feb 03, 2022 12:32am

RE:RE:RE:RE:Kubgas stake is sold

I see no mention of these debts in the NR. They only mention debts to Kub Gas. We shall see in the next financials ...
Comment by nozzpackon Feb 02, 2022 5:36pm

RE:RE:RE:Kubgas stake is sold

That paid off the loan and all debt which left $2.6 million US added to the cash position plus about $1 million US for the dividend up to November 15. I see several options here including a ...more  
Comment by Cross19on Feb 02, 2022 2:25pm

RE:RE:Kubgas stake is sold

not saying that there is no money to be made here, but what about the bank loan and the loan from Pelicourt. I don't think they are getting reimbursed by the sale of Eastern assets. I think it' ...more  
Comment by nozzpackon Feb 02, 2022 1:03pm

RE:Kubgas stake is sold

My analyses , as presented, is that we will now have $10 million US in cash, no debt and the western RK assets which I value in the $5 m to $15 million range perhaps closer to the lower number but ...more  
Post by nozzpackon Feb 02, 2022 12:59pm

Kubgas stake is sold

  Cub Energy closes $10.6M (U.S.) sale of Kubgas stake   2022-02-02 12:19 ET - News Release   Mr. Patrick McGrath reports CUB ENERGY ANNOUNCES CLOSING OF SALE OF 35 ...more  
Comment by bing32on Feb 01, 2022 10:34am

RE:RE:Updated cash Position Subsequent to close out

when should we expect the price to rise??
Comment by nozzpackon Jan 29, 2022 6:04pm

RE:Updated cash Position Subsequent to close out

It's pretty certain that the RK assets will be sold too. I have given them just a value of $5 million US. The three wells drilled previous to 2015 but barely produced totalled about 7.5MMcfpd ...more  
Comment by nozzpackon Jan 28, 2022 8:07am

RE:Yab 2 well looked very good in Staniske

The Company expects to have the RK-22 on production before year-end 2013 and anticipates a production exit rate between 1,900 and 2,100 barrels of oil equivalent per day (“boe/d”), which is in line ...more  
Post by nozzpackon Jan 27, 2022 7:14pm

Yab 2 well looked very good in Staniske

Stanivske Field (License to December 25, 2015, with the right to extend) covers an 85.5 km2 area: Approximately 24.2 kilometers of 2D seismic data has been completed on the Stanivske field and ...more  
Post by nozzpackon Jan 27, 2022 6:46pm

2014 Corporate Presentation

RK was producing 3.2 Mcfpd at that time and barely exploited.. https://www.cubenergyinc.com/_resources/financials/Cub_Presentation_-_November_2014_copy.pdf
Post by nozzpackon Jan 27, 2022 5:49pm

Large Untapped Gas Potential in Western Ukraine

Anatoliy Amelin, Andrian Prokip and Andreas Umland Over the last several years, the future of the European energy supply has become an increasingly geopolitical topic. It has become more and more ...more  
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