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Oil and Gas Discussion BB
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Re: New Year resolutions? Canacol Energy (CNE.to), ColombiaWell, I would expect that ND/CFFO ratio to decline to somewhere near 1 1/2 from 2.4 over the course of 2020. In the meantime, the bond market seems to signal that Canacol Energy is a low risk prospect. The 7.25% coupon debentures that Canacol Energy issued in 2018 set to mature in 2025 last traded at $7 over par value. |
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