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sts66

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sts66

Re: Nebuchadnezzar post# 3182

Monday, 12/04/2017 5:41:24 PM

Monday, December 04, 2017 5:41:24 PM

Post# of 8633

CLF market cap can go from $2B to $6B faster than you think especially if debt falls under $1B



Well, so much for that happening anytime soon....$400M in 2024 notes just announced plus up to $316M in 2025 convertibles, which simply puts off dilution to a later date....but at least now they will have the cash to pay for the entire HBI project...I assume they'll use cash flow to pay down other debt coming due sooner....market did not like the news, plunged after PRs came out, big AH volume as well, ~ 400k shrs.

The Thought Police: To censor and protect. Craig Bruce

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