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Candax Energy Inc CXEYF



GREY:CXEYF - Post by User

Comment by simonquinnon Dec 28, 2012 10:46am
212 Views
Post# 20777186

RE: update

RE: update

Lost = 135 bopd.

From 575 to 340/day.

Could be a long time for additional bopd to be added.

As i said earlier the risk is high - very high.

And the sp reflects this.

Very unlikely CAX can even meet its payment obligations now and

we are back to hoping arrangments can be made - again - to postpone it.

Going to cost a lot of bucks to do so.

Nothing in the near future - next few mths - to look for.

 

 

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