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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: Salt'n'Peppa who wrote (3150)6/30/1999 6:51:00 AM
From: Check  Respond to of 15703
 
Godd morning S&P,

<< I must be missing something...>>

According to their proxy circular the were 20,831,472 S/O on April 30th and 2.125 MM options out. With the announced issue, that would put us at 28.5 MM shares fully diluted and I am not sure I am not missing something because I can't be bothered to go back and look for it. The 1st Q cashflow of $1.425MM vs. WC and debt of $66.7MM stops me cold.

Check it out & have a good one.