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NEWALTA CORPORATION T.NAL

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."


TSX:NAL - Post by User

Comment by compsys68on Mar 29, 2018 10:01am
264 Views
Post# 27801777

RE:RE:RE:Merger question

RE:RE:RE:Merger question6.777 Nal shares for one NewCo share. new trading price should be between 8.50 and 15.00....that is the part I'm want to get more clarity on. . . . Nal could not renegotiate their debt with out a increase in interest rate, when Trivita came along they have deep pockets, similar foot print, and a want to go public. G&A gets cut 40MM too. Are we taking a bit of a hit YES, is it a good deal....It's Ok and the alternative is much worse..... We will be a small part of a 2 Billion dollar company that has the ability to get the SAGD stuff running again. The Key is where will Oil go over the next 12-24 months, my forecast is 60-77, that should take WCS up to 50-55 and profitability will be back for all.
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