Suncor Energy Inc. T.SU

Eric Nuttall Does NOT UNDERSTAND Suncor Energy

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- CLAIMS that SU SHOULD BE priced at a DISCOUNT to PEERS (CNQ, CVE and IMO) due to POSSIBLE NON-EPANSION of the BASE PLANT MINING in 2034-2036 due to the POSSIBLE REFUSAL to OBTAIN the REQUIRED PERMITS

- didn't anybody TELL HIM that the ACQUISTION of the REMAINING INTERESTS in Fort Hills was DESIGNED to ENHANCE BITUMEN FEEDSTOCK to the Base Plant UPGRADER ?

- as LONG as Suncor Energy is a MASSIVE CASH FLOW MACHINE, it could EASILY DEVELOP more internal BITUMEN RESERVES using SAGD versus MINING and/or MAKE A BID for CLOSEBY SAGD operators with Greenfire Resources Limited being an ATTRACTIVE TARGET

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better now: - CLAIMS that SU SHOULD BE priced at a DISCOUNT to PEERS (CNQ, CVE and IMO) due to POSSIBLE NON-EXPANSION of the BASE PLANT MINING in 2034-2036 due to the POSSIBLE REFUSAL to OBTAIN the REQUIRED PERMITS z173

[Clemxb7]

One thing I find owning Suncor is someone is always finding some reason to discount it. Resources are not a problem now with the recent deal. Suncor will be producing fat cash flow long into the future. BTW as you mention anywhere you dig for 100's of square k around Fort Mac you hit bitumen. Nuttall was at least luke warm towards Suncor a few months ago - now is a wierd time to change his