GREY:BXEFF - Post by User
Post by
George98on Feb 09, 2017 5:10am
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Post# 25821082
LEVERAGE remains above 4 times, Next Asset Sale
LEVERAGE remains above 4 times, Next Asset Sale After the latest sale (Harmattan), BXE's total net debt including the working capital deficit remains above C$400 million, so BXE's leverage remains well above 4 times. This is not sustainable.
So which producing asset is BXE going to sell in the coming months? Ideas?
I think it will reduce further its Cardium exposure and it will sell additional Cardium assets by year end.