RE:RE:tve far superior value compared to athIt would be great if you're correct in this $8/share prediction, but let's be realistic, why would the elimination of $485m in debt result in a $2 Billion increase in marketcap?
Are investors seriously this allergic to deb? even when debt payments are far and above covered by cash flow?
Debt shouldn't be viewed so negatively. This company is worth WAY more than Athabasca. Not even close.
I think a 6 dollar share price is possible in 2024, when the free cash flow numbers at $70 US WCS are shown on an earnings report, and debt and shares outstanding are chipped away at.