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Zargon Oil & Gas Ltd T.ZAR


Primary Symbol: ZARFF

Energy Oil & Gas E&P
Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Zargon Oil & Gas Ltd
Bullboard Posts
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(3)
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Comment by Holdernko123on Dec 07, 2016 10:33pm
237 Views
Post# 25569617

RE:RE:RE: zar & price

RE:RE:RE: zar & priceI do not think there is any risk for dilution. Zar may have following ways: 1. Get new line credit plus cash on hand to pay off. 2. Partially asset sale to pay off. 3. Whole company sale before next June. 4. Renew another 5 years or get new 33 million debentures. You have to know that insider share holders take 11%. Even if they have no choice but to dilute, the share price will be much higher than 0.75 at that time. I believe the management is smart and will protect their own interests.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities