RE:RE:RE:RE:RE:What's it worth in 3 years? Good morning GP,
Appreciate your thoughts .. I think the low production months have been dues to mechanical issues of the producers which is I think to be expected in this industry .. The point I was making is thst there isn't a shortage of gas in the region to be produced and so, baring mechanical issues, the plant should stay full for the foreseeable future.
You our make a good point about the natural gas prices and the ability to increase processing fees as new gas comes on .. That would be a big lift in revenue to be sure.
From the last board meeting I think the outstanding debt was more like 500K and it seemed thst there was room to negotiate the debt down. Does anyone have a handle on how much money is in the bank in Canada and how much of it is yet to be repatriated?? My understanding is that there is room to repatriate all of what the company has spent in Argentina and so there is massive room to get $$ back to Canada .. And in US dollars.
It it would be nice to see an offer, even nicer to see expansion plans. What ever the case, the company is stronger than it has even been and we don't need to be taking wooden nickels for a very valuable cash flowing asset.
All the the best to longs!!
Doc.