Bullboard - Stock Discussion Forum Razor Energy Corp V.RZE.H

Alternate Symbol(s): RZREF | V.RZE.WT.H

Razor Energy Corp. is a Canada-based junior oil and gas development and production company, focused on acquiring, enhancing and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids (NGL) in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Company's production and... see more

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TSXV:RZE.H - Post Discussion

Razor Energy Corp > Net Debt

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Post by Bananahanger on Mar 09, 2022 2:18pm

Net Debt

Stock for gold. Do you think a company with a market cap of a hundred million (six months ago) could have a debt of 500 million? Get me the name of their bank!

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Comment by stock_for_gold on Mar 10, 2022 9:42am

Sorry. Read it wrong since numbers are in 1000's. I added an extra 0. My mistake. Yes it was around 50 mil in 2020

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Comment by CLOUDER on Mar 10, 2022 9:50am

SO by sept this year RZE will allso be making about $5 million + with extra electricity with this upgrade as well as the GOB of money they are all ready making with oil. I was watching the you tube about RZE and they had a dividen , is it still on or did they cancel it when oil was down like most did?

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