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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Post by watch4iton Sep 19, 2007 10:49pm
332 Views
Post# 13431590

Royalty breaks pay for expansion.

Royalty breaks pay for expansion.CLL get royalty breaks on Pod 1 and will do so according to recommendations on the report. It will recieve the same for any Pods it builds. Saving 25% or 30% royalty until the initial investment is recooped is a good and positive aspect. This hasn't changed . Nor will it under the recommendations. Alberta Government will have paid for Pod 4 out of lost revenue. Means one free Pod for CLL..didn't cost a dime. It will be built on royalty money that would normally be the governments. How can this affect your share price? It shouldn't... CLL's cash flow will be greater than estimates bieng provided because the profit calculates the royalty payments into the equation. When in fact they will not be paid until the Pod is paid for ...Some year or more later. So look at all the free money CLL will be making in the next little while... BUY BUY BUY We aslo benifit from a gas royalty incentive for natural gas. We pay way less royalties than were paid last year. Check the financial records of CLL. This means more profit even though our production volume is down from last year. More free Government money to use to expand with... Even if they raised Royalties it still isn't going to affect the bottom line. We got free money and lots of it from the Government. We will still get more in the future. One free POD if four are developed...est. only.
Bullboard Posts