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Coniagas Battery Metals Inc. T.COS


Primary Symbol: V.COS Alternate Symbol(s):  CNBMF

Coniagas Battery Metals Inc. is a Canada-based exploration and mining company. The Company is focused on nickel, copper, and cobalt in northern Quebec. It is advancing Graal Nickel & Copper Project. The Graal Nickel & Copper Project (the Property) is located in the north of Saguenay Lac St-Jean region. It is comprised of 110 map-designed claims covering 6,113 hectares. The Property is also located at 190 kilometers (km) north from the seaport terminal of Grande-Anse (Saguenay).


TSXV:COS - Post by User

Post by oldtimer21on Oct 29, 2012 7:07pm
376 Views
Post# 20537156

Q3 results are out Dividend $.35

Q3 results are out Dividend $.35

What I think is the best quote  of the  Q3 release:

"As a result of stronger than expected pricing for SCO year-to-date, we have increased our 2012 cash flow guidance by 20 per cent to approximately $1.7 billion. Based on our guidance, we anticipate exiting the year with $1.6 billion of cash and about $0.2 billion of net debt. While we had expected to draw down on our cash balances this year, we were able to fund our capital expenditures and dividends essentially from internally generated cash flow. As such, we continue to be well-positioned to finance the remainder of our major project capital program while maintaining an attractive dividend. These projects are tracking to plan, and Syncrude's owners remain confident in the schedule and budget estimates," said Marcel Coutu, President and CEO.

 

 

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