Zargon Oil & Gas Ltd 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 > Conversion at $0.1 or $0.2, Both oil spreads improve in NOV

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Comment by rad10on Nov 24, 2018 7:10am

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Post# 29016972

RE:Conversion at $0.1 or $0.2, Both oil spreads improve in NOV

Lol - you can smell the desperation coming from a guy that couldn't even foresee the debenture proposal and thought the notes could be refinanced.

so impressive - predicting commodity prices a whole year from now, not to mention the future stock price of Zargon in late 2019.

some of us have actually read the debenture prospectus..... any PIK in stock will have to be voted on in a separate proposal and accepted by 66% of the holders. Usually a stock PIK is for 1.5 times the outstanding interest in cash that is due. That's a typical offer in this rather atypical situation...... but you knew that right???? ROTFLMFAO

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Cross border trading in Canada and Australia