TSXV:CART.H - Post by User
Post by
TheRock07on Nov 17, 2016 8:55am
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Post# 25473834
2017 Will Be record Year
2017 Will Be record YearThe previous record year was 2013, which was before the politcal turmoil beginning in early 2014.
At that point, KUB was increasing its cash inflows each year.
In 2013, KUB had cash inflows from production and its investment in Eastern Ukraine equity ownership of $14.5 million US which converted was just below $20 million in canadian loonies.
KUB lost $3 million US in 2013.
At that point, KUB was trading in the 40 cent to 45 cent range ( also in loonies ).
KUB is currently on a run rate that will meet its 2013 income level of $20 million.
It will almost certainly increase annual sales and investment beyond that level in 2017 for reasons that are obvious and clear to astute investors.
Also, we will see Ukraine return to normal stability in 2017, as is already eveident in 2016..