TSXV:CEN.H - Post by User
Post by
Dirdrilleron Apr 20, 2010 12:43pm
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Post# 17011242
No Comments on Annual Report?
No Comments on Annual Report?This company is going to have to produce 40,000 bbls/day just to pay for G & A expenses in the future. Wow never seen a company with such high G & A expenses. Not only did they give themselves options for $1.96 million they granted themselves Stock Appreciation Rights (“SARs”) that gave them another $3.9 million. Over $19 million for G&A on $87 million in sales..... WOW.