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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

Post by barakon Jul 20, 2015 4:35pm
118 Views
Post# 23942210

COS needs to eliminate the dividend

COS needs to eliminate the dividend
They have massive debt. Can't afford the dividend at the current oil price, which is going to change anytime soon. This is another example of poor management. They need to rip the band aid off, and kill the divvy and get their fiscal house in order. Terminating some of the dozen $200k/yr directors that don't do anything would be a good start. Then maybe this company would be worth considering.
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