RE:RE:RE:Key factors
some good news on the stella developement finally, on time on budget is always good. as far a thomas in charge, definitely better than what was going on before, however time will tell on his influence. 1 concern i have is how much of the platform was completed pre thomas. he made some changes, but, i wonder if anything substandard or r rushed before his intervention was undoable?
that article on saudi pricing for oil is ral and is what will affect stella more than anything, i agree 100% that we are in for prolonged lower oil prices. this will severely limit iae's profitability. here's another article, a lot of the same as in tommy's article, from yahoo finance today. iae's timing on stella doesn't look good at all right now.
https://ca.finance.yahoo.com/news/exclusive-privately-saudis-tell-oil-095520932.html
imho you just have to avoid high cost producers, especially those with debt over 2/1
cheers ferret