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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Post by stockwrestleron Apr 05, 2016 8:28pm
140 Views
Post# 24734641

debt of 154m

debt of 154mthat is a fair amount of debt when i suppose the operation is barely breaking even now...
given low POO the debt has to be paid off by more equity to be issued or the company sold 
outright? no wonder MorningStar has them rated "overvalued" and a "fair" value of 10c./share


sw

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