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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by rehsifylfon Apr 25, 2012 2:57pm
214 Views
Post# 19835305

Debt

Debt

The debt itself would not be an issue for a buyer.  It is simply part of the purchase price, along with the cost of the common equity.

A larger issue with the debt is the interest  terms that surround it.  The hight rate of interest and lack of ability to repay early is a larger issue than the debt itself, since it drives up the RoR that a buyer would need to make on the deal, and hence drives down the purchase price.

Bullboard Posts