CFGL-Canfibre Group Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CFGL-Canfibre Group

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gulo who wrote (602)	9/23/2002 9:53:20 AM
From: Abuckatatime	Read Replies (2) of 612

The explanation can be found in the latest quarterly - "It is anticipated that the Lackawanna facility will be deemed in commercial operation during the third quarter 2002. Until that time, the Lackawanna plant remains a development stage enterprise with all sales and operating costs capitalized to deferred start-up costs." Therefore, no revenues from "commercial operations" appeared on the P&L statement. As far as I know the bondholders are allowing the plant to run until it is sold. Looks like the stock is trading again. Look out below?! Greg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next