GREY:LSTMF - Post by User
Post by
bushhog1on Aug 18, 2015 3:26pm
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Post# 24028986
Reasons for LTS to go up
Reasons for LTS to go up 1) When Oil goes up ( not if)
2)When Cad Dollar goes up, LTS Debt us will go down.
3) Assets were valued downwards and will be reversed up when oil turns.
4) Sales of Bakken Business
5) Acquisition
6) Intangible Assets- all written off but still own by Company
7)Other hidden Assets - eg 1300 drillable locations (not recorded yet), N.gas ventures
8)Some hedging
9)Can buy back shares
10)Us Bond swaps net $125M cad
11) Big write offs, net Company tax credit of about $172M
12)Balance Sheet - lean and mean BV of $6.17
Only my opinion