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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Expecting results...

LLC
Jul 02, 2008 01:09AM

Jul 02, 2008 04:02AM

Jul 02, 2008 06:44AM
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Jul 02, 2008 07:35AM

Jul 02, 2008 08:13AM

Jul 02, 2008 08:16AM

Spidey

"CLL has close to $1 billion in debt"


If you're going to go on and on about some debt gorilla at least get your numbers right...

2008 Q1 debt 671, 014 ( millions)

I hope you're not an accountant cause you've just added about 50% of non existent debt.

2008 Q1 cash on hand 323,423 ( millions)

Debt 671014

Cash on hand - 323423

Net debt = 347591

If Algar doesn't get approved, which won't happen, then Cll has 323423 million on hand to pay off debt or invest in other areas.

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