Following our participatoon in Raging River’s $108.1 mm equity financing, issuing 12.5 mm share at $8.65 per share, we summarize the Company’s 4Q15 financial and operating results, which we view as in line with our prior estimates. Overall, incorporating 4Q15 results into our estimates along with the recently closed financing, we see our general outlook unchanged, absent some minor changes to pricing, costs and the signi cant reduction to net debt which has improved Raging River’s 2016e debt to ....
10 Mar 2016
Reports As expected 4Q15 Financial and operating Results
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Reports As expected 4Q15 Financial and operating Results
Raging River Exploration (RRX:TSE) | 0 0 (-2.0%) | Mkt Cap: 1,478m
- Published:
10 Mar 2016 -
Author:
Robert Fitzmartyn -
Pages:
6
Following our participatoon in Raging River’s $108.1 mm equity financing, issuing 12.5 mm share at $8.65 per share, we summarize the Company’s 4Q15 financial and operating results, which we view as in line with our prior estimates. Overall, incorporating 4Q15 results into our estimates along with the recently closed financing, we see our general outlook unchanged, absent some minor changes to pricing, costs and the signi cant reduction to net debt which has improved Raging River’s 2016e debt to ....