RE:RE:CVE outlook in 2024 second half?Watching to see how a narrower spread and decreased shipping costs with TMX in play affect the bottom line as it will be fully in play for next quarter.
A couple of thoughts regarding TMX. With upgraders being maxed is it worth adding more upgrading capacity or is maxing out TMX volumes a better cost option for heavy crude?
To go along with that how much condy is required to ship via TMX and would acuiring a high condy volume producer be worth a look at or might extracting the condy from rail shipments (which should be becoming the non=prefered mode of shipment) be a more cost effecient method of keeping condy on hand.
Surely we are about to see an increase in condy pricing as it ships on TMX overseas and doesn't come back?
I am Looking forward to seeing what form shareholder returns take after the 100% returns are initiated and the share price inevitably goes beyond $30 per share.
GLTA
tinkvid wrote: As you eluded to in one of your previous posts a few months ago, I am watching for any developments with regards to Irving Oil. With the passing of James K Irving and the resignation of Whitcomb effective June 9, .....maybe some sort of deal in the works? (Just speculation)