CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:RE:RE:RE:RE:CFO for Canexus

[hawk35]

Kherson .. The $50 million bucks is a reference to the projected increase in cash flow from the unit trains at the end of the year.  The point is you don't cut the dividend when 1) the shortfall in cash is short term, 2) you have more than enough cash on hand to pay it into 2015 3) you have 50 million dollars coming your way in 8 months from a train that is guaranteed to be booked to capacity and 4) the rest of the business is strong and competitive and has world class manufacturing facilities.  And that is just for starters.