Post by
bullhorn3 on Jun 08, 2022 11:08am
Sawn Lake Restart Cost
In order to estimate the value of POE before dissolution, we need to estimate the probability of a restart of Sawn Lake operations and its profitability (payback period). Andorra has been "maintaining" the facility, whatever that means. With the increase in heavy crude prices, perhaps another company has restarted operations, so for lack of a better approach, we can estimate that their restart cost = POE's restart cost It could be that a different, environmentally better method of creating steam might be required now, in spite of previous approvals. Or that patents that Andorra owns might be valuable.
Does anyone have information?