RE:RE:RE:darned if they do.....darned if they don't!!!I think what some people on the board are missing is that if Ithaca can get Stella up and running next summer and our production is in that 30,000 boepd range (most likely above 30,000) and oil can hang in around that $100.00 range then we could be debt free in about 18 months from when Stella starts up. That's total debt free (including the debt from this Summit deal) and we will still be pumping lots of oil once we are debt free.
It may be a bit off in the future but in fact it is not that far away. When that day comes you sure as h eck will not be buying Ithaca @ $2.68......................................... that,s why we continue to fill our boots at this low SP.
Stella is what it is all about my friends.