CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

The delay sucks

[jd43xl]

But there is little doubt it will be in operation sooner than later, and the extra cash flow will be significant. The dividend is secure, no matter what some people might say in an effort to scare investors.

[amugsgame]

Well at a payout ratio in excess of 150%, the dividend is far from secure. Without a considerable increase in net earnings the dividend is not sustainable and the current situation isn't putting any more money in the coffers of CUS.

[jd43xl]

And just what do you think NATO will do for the level of earnings? Posting misleading garbage helps no one, unless you are short?

[Kherson]

Is NATO back up and running? Has the tie-in been completed? Jd, please share with us the true status of NATO... Kherson

[jd43xl]

It will be soon enough, then you will move on and look for some other board to annoy.

[Kherson]

"It will be soon enough."? Just when in your opinion is soon enough, next week, next month, maybe even next year?  NATO should have been up and running by now! This is a colossal failure on Management's part not to have Blunderheim back up and running and making money. Kherson

[amugsgame]

jd43xl....perhaps you have failed to notice that CUS is attempting to sell NATO so don't look to that for increased earnings. Yes they may get a chunk of cash out of a sale but with the mismanagement and cost over-runs on the project it would seem unlikely that there would be a big premium on the investment. So with the chlor-alkali sector being in the toilet and the "Blunder-heim"