GREY:XEBEQ - Post by User
Post by
ZouZS3on Sep 29, 2022 9:50am
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Post# 34994562
At least someone doesn't seem worried....
At least someone doesn't seem worried.... Ceo.ca
BassPilot wrote: Credit protection allows them to use their cash on operations instead of existing liabilities. They were in forbearance so this takes that uncertainty off the table as they right the ship. They may get kicked back down to TSX-V. The company will be okay. Shareholders will be okay too. This is a good move for XBC to conserve cash for operations. They are still attending conferences and delivering on projects. Q3 will shed some light on how things are going.