GREY:CAZFF - Post by User
Post by
ferret_caon May 11, 2014 2:09pm
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Post# 22548851
CAZA debt
CAZA debtprevious poster is right aboutyorkville being a cancer to caza shares, seems almost every couple of months they are issueing 4-5 mill warrants to these guys
on jan 14/2014 caz added 10 mil. to their 25 mil. debt (35 mil total now) to the aig credit facility. this debt has a rate of interest of 1 month libor PLUS 10%, that is a pretty huge premium to pay.
no wonder caza has never made a profit and probably won't for a while.
perdikrackpot is also way out to lunch on his 1700 boe/d, not even going to begin to get into that one, do your own dd, just spent some time on sedar and the co website.
oh ya and the management keeps their website really up to date, if youwant you can get complete anual report for, get this, 2008 lol lol lol lol wth????
if you are interested in a junior making real money with a fantastic land position in the permian, currently drilling a high impact well, with basically no debt, they made .10/sh last year last q they made .08/ sh. the trade in the .70-.90 range with massive upside. that co. is LVL.V Lynden Energy
cheers and gl ferret
ps wouldn't touch caza with a 10 foot pole, and btw your perdikrackpot has been spewing caza spam all over out lynden bullboard