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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > We are months away from being re-financed
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Post by lovehockey on Mar 05, 2021 12:46pm

We are months away from being re-financed

Just watch the bond price. As soon as it will start trading for 90+ we will be weeks or days from being re-financed. The thing is this world is full of insiders and some insiders always leak some information. I think the reason why it is still not 90+ is because ATH management is trying to get into better position in terms of interest rate.
Comment by Nothingmatters on Mar 05, 2021 12:56pm
This stock is actually worth $1.50 in my opinion. And with oil sands curtailing half production by half a million per day, this stock is going to the "Moon" real fast. Lol I hope Opec maintain the cuts at April 1 meeting but by then we will looking at .70 to .80 cents. Next leg to 1.50 will come when they announce refinancing. GTLA It is my opinion only.
Comment by Kika2016 on Mar 05, 2021 12:58pm
The activity in Bond Market for ATH has been reinvigorated since Jan. lets see what happens in next few months
Comment by lovehockey on Mar 05, 2021 1:36pm
I wouldn't be surprised if in the next two weeks Bonds will jump to 80+ and for some reason I have July in my mind - that is when the things will get done. Somehow I think once we are 6 months away from maturity they will announce a new deal with lesser rates and possibly lesser number. That is when it skyrockets, could be well past two dollars or even more. 
Comment by Kika2016 on Mar 05, 2021 1:58pm
All I can say is..To the Moon!!1
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