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Bullboard - Stock Discussion Forum Hyduke Energy Services Inc. HYKCF

"Hyduke Energy Services Inc is an integrated oilfield services company engaged in the manufacture, repair and distribution of oilfield equipment. The company operates in three segments, Manufacturing and Fabrication segment that designs, manufactures, refurbishes and repairs land-based drilling rigs, well servicing rig, drilling support equipment, workover support equipment, storage tanks... see more

GREY:HYKCF - Post Discussion

Hyduke Energy Services Inc. > Ridley Island Tank Win and Backlog
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Post by Spoonman on May 20, 2017 1:42pm

Ridley Island Tank Win and Backlog

There has been lots of speculation on the size of this deal ... how do you arrive at $25, $30 or $35 million and what is backlog, with numbers like $65 million being bandied about. Seems like a stretch.
Comment by huqja on May 30, 2017 12:24pm
Seems like we will find out how much of the 30 million they have already received in the upcoming shareholder meeting on june 13th. I think since, they recived the money in april, technically that did not reflect on first quater financial, where the 15 million private placement financing reflected on the financial. With additional 25-30 million payment received, the stock should appreciate to the ...more  
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