TSX:CUS.DB.D - Post by User
Comment by
Nawaralsaadion Mar 14, 2014 3:16pm
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Post# 22325286
RE:RE:RE:RE:RE:Thank you Nawar, PM123
RE:RE:RE:RE:RE:Thank you Nawar, PM123Thanks PM. I just added you to my follow list. Also here is the exact reference to the contract terms for Q2 CC:
Gary L. Kubera
"Let’s talk kind of term first. The contracts that we have written and expect to write will generally range in three year to five year terms and be evergreen. Some are expressing interest in longer terms, but three year to five year seems to be the norm right now."
https://seekingalpha.com/article/1625512-canexuss-ceo-discusses-q2-2013-results-earnings-call-transcript?part=single
Take and Pay for 3-5 years is an amazing deal, businesses like this are extremely valuable, I am really glad I was able to pick up a large position at such low prices, and unlike my previous shareholder activist efforts, the board already took care of the management problem.
Regards,
Nawar