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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Comment by tvstockon Apr 27, 2016 2:24pm
162 Views
Post# 24816298

RE:RE:Share price going forward

RE:RE:Share price going forward Not necessarily IMO.  The idel solution is to trade up NBZ share price. e.g. a double from here will reduce the  payout to 6%.

If I were NBZ management , I will consider issuing some 100 million convertibles to TBE with a high conversion ratio so  that TBE  can pay back the term loan,. If TBE survives NBZ can acquire at ease. Just my opinion.   At WTI 45 TBE can survive, IMO.
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