RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thank you shorties <3bigbird456 wrote: wallop13 wrote: bigbird456 wrote: Ath will become like lre and lts . Good luck with your 20k more barrels the CEO made it very clear no wells will come into production tell the markets come back. They need 60$ a barrel won't see that anytime soon. I believe Iran has a shiat load of oil to bring onto the markets November 16
The investment is done, ramp up will cost nothing. The CEO was referring to the expansion of Hangingstone, that has no effect on the production capacity of the current facility. 20,000 is what ATH will produce, barring any shut down issues. You clearly do not understand the operations of this company.
Bud I have been trading ath for three years I understand this company very will. The bod says a lot of things as u can read all the press releases none of it comes true except for the sale of the land
Fair enough, you don't like the management. I think since the new CEO (Rob) was appointed the company has operated second to none. You like MEG, fair enough. I personally feel MEG has a lot of debt. If Suncor wants to buy them they need to pay 5 billion debt plus, say 5 billion for the shares (market cap x2). That's 10 billion (that's a lot). They have a low cost per barrel, but if they're paying 62 million a quarter in interest it really doesn't matter.