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Delphi Energy Corp. DPGYF

Energy
Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Delphi Energy Corp. > Reaction
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Comment by Raymondjameson Nov 19, 2019 6:17pm
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Post# 30371595

RE:RE:RE:RE:RE:Reaction

RE:RE:RE:RE:RE:ReactionI'm playing the notes on this one. Warrants are a byproduct of the existing notes. I like 15% interest plus the potential of 45% capital appreciation in maturity or change in control. The warrants are a plus. With Luminous behind this deal, I'm happy to follow suit. Having said that, can't help but think luminous paying 11 cents for equity receipts suggests he thinks it will be worth 50 cents at some point   
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