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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Comment by MyHoneyPoton May 13, 2024 1:53pm
51 Views
Post# 36037213

RE:RE:It certainky does not bring the cofidence level up when this

RE:RE:It certainky does not bring the cofidence level up when thisShould look at CPG last report, and you will see how management takes care of shareholders. 

+ CPG paid 60.8 million in interest.(Massive debt)
+ Long terms compensation shortfall (58.4 million) (Underpaid Management)
  • + Reclassifying assets non cash impairment for sale.(512.3 million) (evaporate capital)
So what the shareholders got at the end was the left overs, 71.3 million

This is why CPG is not investable. 

iMHO
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