No such message found

Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: Expecting results...
Reply New Message
Prev Message Back To Forum Threaded View Next Message

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.

Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply