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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

Coniagas Battery Metals Inc. > Q1-14 Cash Flow Estimate
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Comment by oldtimer21on Apr 02, 2014 5:50pm
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Post# 22402763

RE:RE:RE:RE:Q1-14 Cash Flow Estimate

RE:RE:RE:RE:Q1-14 Cash Flow EstimateGS
Thanks for finding and posting financial statement footnote.  With that information in hand and as you suggest if they pay all or most of it in q1 the working capital adjustment that is used in  Namsoc's estimate and ignored in mine are substantially over optimistic on cash burn for the quarter.  Managing their payable from last year, now it's time to pay up.  Shouldn't be any big deal  the liabilities have been reported and therefore reflected in the share price. 
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