Post by
Apaulson on Nov 03, 2023 12:03pm
No real plans for pulp
As per Kevin Edgson's answers on the earnings call, the $500mm investment that they plan to make into CFX was wishful thinking....nothing beyond that.
Where the money comes from it is from future operations.
How they will spend it or improve operations, they don't have a real plan.
Don Kayne and Kevin Edgson essentially got caught trying to talk up CFX when really they don't have a clear cut plan to invest in the business and made a required return......pathetic attempt by managment to generate investor interest in CFX. From the daily volumne, it's not working Don.