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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Comment by OptsyEagleon Dec 09, 2011 5:40pm
271 Views
Post# 19308947

RE: RE: must be buying something-

RE: RE: must be buying something-The $35M imo will be the cash on top of free cash flow from Thurso required to complete the next conversion. So if they buy an asset for $1 and then need to put $120M to convert it, then it would mean they'd fund $85M through internal cash flow and $35M using the debentures.
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I agree.  That is exactly what they will plan to do.

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