Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Energy Oil & Gas E&P
Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Athabasca Oil Corp > Why not a share offering?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(264)
•••
Comment by Chris007on Jul 29, 2021 1:01pm
85 Views
Post# 33623797

RE:RE:RE:Why not a share offering?

RE:RE:RE:Why not a share offering?If it ain't done by Q4...you would probably have to be insane not to panic...

Nothingmatters wrote: Why are people panicking? The company is addressing the refinancing? And didnt we speculate that it would occur sometime in third quarter. But I will start panicking in the fourth quarter for sure...lol
Chris007 wrote: LOL...so basically dilute the company by 40 something percent to pay off the debt?

That wouldn't be so terrible for new buyers (company basically restarts with a blank slate)...current shareholders would get obliterated...




BLACKJACK86 wrote: Issue 400 millions share at 80 cents and use the cash on hand to pay the debt, then  start a share buyback with the 40 millions plus that you save each year.
can you imagine that company debt free......

 




<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities