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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum FLINT Corp T.FLNT

Alternate Symbol(s):  NWPIF

Energy Oil & Gas Equipment & Services
FLINT Corp. is an integrated provider of upstream, midstream, and downstream production services. The Company’s segment includes Maintenance and Construction Services and Wear Technology Overlay Services. The Maintenance and Construction Services segment is a fully integrated provider of maintenance and construction services to the energy and industrial markets. It provides maintenance services... see more

TSX:FLNT - Post Discussion

FLINT Corp > is it possible?
View:
Post by wealth2015 on Nov 09, 2024 1:45pm

is it possible?

ifor the last two q company reported possitive net earnigs per share, hopefully that trend will continue in 2025.

I have question to investors. Since holder of secured debenture and conv. prefered shares I & II is same owner Canso is it possible that they can convert prefered shares into common so Flint can use cash received to pay off debenture. My rough math is that company will issue abot 1.1M common and receive enough cash to pay of the debenture. I just can't see how Canso will benefit if company is pushed  into bankruptcy,  if they do the swap and clean debt Flint future could be more promissing for all.

does this make any sense?
Comment by wealth2015 on Nov 09, 2024 1:49pm
should be 1,1 Billion new shares not M.
FLINT Corp