Athabasca Oil Corp T.ATH

My valuation at $80 WTI

[ComradeKomissar]

(includes the value of tax pools + impairment reversal)
I am lowballing the multiple to 4 x free cash flow. Usually companies get 8x at top of the cycle pricing.

[ComradeKomissar]

FYI, does not include hedging loss.

[Oil2018]

Based on year end numbers and some of the posts I'm torn here....I think 22 is a transition year likely why nutall is taking year off....holding over 400k shares and I'm wondering if it's better place elsewhere on 22...look oil how tve gear or journey have moved. I'm certainly loyal to ath over the last five years but it's crunch time for me now

[Zaphod]

if not sure.. dump half  ..arx tve hwx. will all outperform  no matter how hard you try you can't dump the stigma of being an 18 cent stock

[fellowship]

How about you just watch the show unfolding ?  Just love the play. We are in good hands. Be happy ! 

[ManitobaCanuck]

True my friend Fellowship..Lets watch it play ....We will be making a few milion$ here 

[Zaphod]

ninepoints would have kept them if that was true. they are out for a reason.

[ManitobaCanuck]

Probably same reason ,they were out of Baytex at 1.8$ and bought back in again at 3.6$ , Lol