Mind Bending
It is almost crazy to think a company could embark on a project in the 8-10 billion range and not make a promise to shareholders that it is going to increase production. I sat beside a SYNCRUDE employee on the plane one time and he said what the shareholders beef, they have always made money.
Well the beef is that the plant trades for less then it replacement cost because of poor performance, Exxon would not of been brought in if every thing was beautiful, so i really don;t know what to say. I am simply of the opinion that management understates all the informaiton that we receive to such a degree it is useless, just as they are.
Maybe we should outsource the management to Suncor and perhaps the improved scale will provide better economics.