RE:RE:The problem with cash cows...IMHO...
If you look at their website… you would think that they would showcase the best technology in the plants they have.
https://www.lantic.ca/refining-process/beet.php?lg=en
What I see here is dated. Although it’s still good and it works, the instrumentation is old. Old instrumentation means they haven’t fully automated their systems and there will be inefficiencies. They could save lots on natural gas while streamlining the process. There is also a bonus in the fact that updates are tax deductible. Instead of giving so much back to shareholders they should use some funds to streamline equipment. This will have a positive effect on SP.
Let’s face it… for what CEO’s make they can always do better and maybe spend some time in the plant and get their hands dirty.
Good Will Hunting.