GREY:CNKEF - Post by User
Comment by
PeterM1on Dec 18, 2017 7:55am
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Post# 27176452
RE:RE:RE:RE:RE:RE:CKE just distributed 6,450,000 shares for $2 Million raise
RE:RE:RE:RE:RE:RE:CKE just distributed 6,450,000 shares for $2 Million raiseThe $2 million will be ear marked for drilling a new well - otherwise you will have one very ticked off investor. If they shut in production in 2018 , they will have to cover their operating / admini costs from another source. However. I still think CKE should end 2017 with a cash surplus - but that all depends on how much they were able to ship in the last quarter. Think we should be told.