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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Post by hydrocarbsson May 29, 2020 8:53pm
198 Views
Post# 31090696

Pemex hasn't paid ROE since Sept 2019

Pemex hasn't paid ROE since Sept 2019(The Company's cash flows have been negatively impacted by the continued delay in receipt of payments on its sales of oil and natural gas production.

This, in addition to the impact of the COVID-19 pandemic, has resulted in the deferral of royalty payments due since 
September 2019.)


Now that is broke, Pemex is broken and broke...




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