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Sprott Resource Corp Ord SCPZF

"Sprott Resource Corp invests and operates, through its subsidiaries, in the natural resource sector. It has investments in oil and gas exploration, production and services, mining and agriculture."


GREY:SCPZF - Post by User

Post by carlson8on Oct 03, 2016 4:57pm
163 Views
Post# 25304028

SCP sells some ICD

SCP sells some ICD
the good news is SCP sold a little more than half of their ICD for $12.6m so they now have no net debt, around $6m net cash. they did this over the last month (1m shares in august, and 1.6m in sept) so they didn't get all of todays $5.30 ICD price but averaged $4.88
SCP NAV is now 1.05 and trading at .50 still a 52% discount
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